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HB1521Introduced in the House

Ponzi Scheme Prevention Act; enact

IntroducedHouse Banks and Banking

Introduced by Tanya Miller, District 62

What does this bill do?

Plain-English breakdown

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Official description

A BILL to be entitled an Act to amend Chapter 1 of Title 7 and Chapter 5 of Title 10 of the Official Code of Georgia Annotated, relating to financial institutions and the "Georgia Uniform Securities Act of 2008," respectively, so as to remove an exemption from securities regulation for certain financial institutions; to provide for notes as securities; to exempt certain notes as securities; to provide for a rebuttable presumption; to provide for a short title; to provide for related matters; to repeal conflicting laws; and for other purposes.

Where it stands

House Second Readers

March 10, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. House Hopper

  2. House First Readers

  3. House Second Readers

Verify the information

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