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HB511Introduced in the House

Insurance; deductions from taxable income for contributions by taxpayers to catastrophe savings accounts and interest earned on such accounts; provide

Passed

Introduced by Eddie Lumsden, District 12

What does this bill do?

Plain-English breakdown

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Official description

A BILL to be entitled an Act to amend Chapter 32 of Title 33 and Code Section 48-7-27 of the Official Code of Georgia Annotated, relating to property insurance and computation of taxable net income, respectively, so as to provide for deductions from taxable income for contributions by taxpayers to catastrophe savings accounts and interest earned on such accounts; to establish limits for contributions to such accounts; to provide for definitions; to provide for related matters; to provide for an effective date and applicability; 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

2 recorded votes · each counted separately

SenateStage: Passage: Senate Vote #367 · March 31, 2025

54

Yes

0

No

2

Absent or Not Voting

56 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

See how each senator voted

Bill history

  1. House Hopper

  2. House First Readers

  3. House Second Readers

  4. House Committee Favorably Reported By Substitute

  5. House Third Readers

  6. House Passed/Adopted By Substitute

  7. Senate Read and Referred

  8. Senate Committee Favorably Reported

  9. Senate Read Second Time

  10. Senate Engrossed

  11. Senate Tabled

  12. Senate Taken from Table

  13. Senate Third Read

  14. Senate Passed/Adopted

  15. House Sent to Governor

  16. House Date Signed by Governor

  17. Act 269

  18. Effective Date 2025-07-01

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