Legislation: batch A — AK AL AR AZ CO CT DE GA HI IA ID

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>

legislation/us/states/ga/2023-24/hb-1049.md

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+---
+type: "Bill"
+title: "Insurance Business Transfer Act; enact"
+description: "A BILL to be entitled an Act to amend Chapter 52 of Title 33 of the O.C.G.A., relating to assumption reinsurance agreements, so as to enact the \"Insurance Business Transfer Act\"; to provide for a short title; to provide for legislative intent; to provide for definitions; to provide for court authority; to provide for notice requirements; to provide for an application procedure; to provide for court review of a petition; to provide for ongoing jurisdiction by the court; to provide for court approval; to provide for appeal; to provide for confidentiality; to provide for ongoing oversight by the Commissioner; to provide for certain fees and costs to be borne by the applicant; to provide for compensation, costs, and expenses of the independent expert and any consultants to be borne jointly by the transferring insurer and assuming insurer; to provide for dismissal of petition; to provide for construction; to make conforming changes; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes."
+jurisdiction: "us/states/ga"
+legislature: "Georgia General Assembly"
+session: "2023_24"
+identifier: "HB 1049"
+citation: "Georgia HB 1049 (2023_24)"
+classification: ["bill"]
+subjects: []
+status: "enacted"
+primary_sponsors: ["Bill Werkheiser", "Bruce Williamson", "Darlene Taylor", "Eddie Lumsden"]
+version_count: 5
+action_count: 18
+vote_count: 3
+first_action: "2024-01-26"
+last_action: "2024-05-06"
+source: "openstates"
+source_identifier: "ocd-bill/daaff879-cb29-4e65-b8b9-7dd283110239"
+source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
+source_hash: "6fd5d1449e8402e87c5089784dfbe587c28949db26094d66c683a3b12e0c8de4"
+vintage: "2026-07-01"
+source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
+retrieved_at: "2026-07-06"
+confidence: "reported"
+tags: ["legislation", "bill", "us-ga"]
+---
+
+# Georgia HB 1049 (2023_24) — Insurance Business Transfer Act; enact
+
+A BILL to be entitled an Act to amend Chapter 52 of Title 33 of the O.C.G.A., relating to assumption reinsurance agreements, so as to enact the "Insurance Business Transfer Act"; to provide for a short title; to provide for legislative intent; to provide for definitions; to provide for court authority; to provide for notice requirements; to provide for an application procedure; to provide for court review of a petition; to provide for ongoing jurisdiction by the court; to provide for court approval; to provide for appeal; to provide for confidentiality; to provide for ongoing oversight by the Commissioner; to provide for certain fees and costs to be borne by the applicant; to provide for compensation, costs, and expenses of the independent expert and any consultants to be borne jointly by the transferring insurer and assuming insurer; to provide for dismissal of petition; to provide for construction; to make conforming changes; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.
+
+## Version chain
+
+The bill's text revisions, in order — the diff chain from filing to enrollment.
+
+1. **HB 1049/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20232024/229540.pdf)
+2. **LC 52 0317/a** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20232024/222077.pdf)
+3. **LC 52 0447S/hcs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20232024/225235.pdf)
+4. **LC 52 0447S/hs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20232024/223212.pdf)
+5. **Sen Ctee sub LC 52 0544S** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20232024/227406.pdf)
+
+## Votes
+
+- House Vote #532 - 2023-2024 Regular Session — **168–0** (pass) · lower
+- House Vote #883 - 2023-2024 Regular Session — **168–0** (pass) · lower
+- Senate Vote #877 - 2023-2024 Regular Session — **49–0** (pass) · upper
+
+## Sponsors
+
+- Bill Werkheiser — primary (person)
+- Bruce Williamson — primary (person)
+- Darlene Taylor — primary (person)
+- Eddie Lumsden — primary (person)
+
+## Timeline
+
+The legislative action history — every referral, reading, and vote.
+
+- **2024-01-26** House Hopper `introduction`
+- **2024-01-29** House First Readers `reading-1`
+- **2024-01-30** House Second Readers `reading-2`
+- **2024-02-07** House Committee Favorably Reported By Substitute `committee-passage-favorable`
+- **2024-02-22** House Third Readers `reading-3`
+- **2024-02-22** House Passed/Adopted By Substitute `passage`
+- **2024-02-26** Senate Read and Referred `referral-committee`
+- **2024-03-14** Senate Committee Favorably Reported By Substitute `committee-passage-favorable`
+- **2024-03-18** Senate Read Second Time `reading-2`
+- **2024-03-26** Senate Tabled
+- **2024-03-28** Senate Taken from Table
+- **2024-03-28** Senate Third Read `reading-3`
+- **2024-03-28** Senate Passed/Adopted By Substitute `passage`
+- **2024-03-28** House Agreed Senate Amend or Sub
+- **2024-04-03** House Sent to Governor `executive-receipt`
+- **2024-05-06** House Date Signed by Governor `executive-signature`
+- **2024-05-06** Act 592 `executive-signature`
+- **2024-05-06** Effective Date
+
+## Source
+
+OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/daaff879-cb29-4e65-b8b9-7dd283110239`. Confidence: reported (aggregated from official Georgia legislature records).
+