HB15Introduced in the House
Banking and finance; update terminology; provisions
Introduced by Bruce Williamson, District 112
What does this bill do?
Plain-English breakdown
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Official description
A BILL to be entitled an Act to amend Title 7 of the O.C.G.A., relating to banking and finance, so as to update terminology; to revise procedures concerning incorporators of credit unions; to revise requirements of articles of incorporation of credit unions; to revise licensure requirements for money transmissions, cashing payment instruments, mortgage lenders and mortgage brokers, foreign banking institutions, and installment loans; to provide for revised auditing procedures for mortgage lenders and mortgage brokers; to provide for corporate governance requirements for mortgage lenders and mortgage brokers; to provide for liquidity requirements for mortgage lenders and mortgage brokers; to revise requirements for applications to relocate for foreign banking institutions; to provide for related matters; to repeal conflicting laws; and for other purposes.
Where it stands
Effective Date 2025-07-01
May 14, 2025
How did lawmakers vote?
House votes
1 recorded vote · each counted separately
Senate votes
1 recorded vote · each counted separately
SenateStage: Passage: Senate Vote #222 · March 10, 2025
46
Yes
1
No
9
Absent or Not Voting
56 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Ben Watson | 1 | Yes |
| Derek Mallow | 2 | Absent |
| Mike Hodges | 3 | Yes |
| Billy Hickman | 4 | Yes |
| Sheikh Rahman | 5 | Yes |
| Matt Brass | 6 | Yes |
| Nabilah Islam Parkes | 7 | Yes |
| Russ Goodman | 8 | Yes |
| Nikki Merritt | 9 | Yes |
| Emanuel Jones | 10 | Yes |
Bill history
House Hopper
House First Readers
House Second Readers
House Committee Favorably Reported
House Third Readers
House Passed/Adopted
Senate Read and Referred
Senate Committee Favorably Reported
Senate Read Second Time
Senate Third Read
Senate Passed/Adopted
House Sent to Governor
House Date Signed by Governor
Act 250
Effective Date 2025-07-01
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