---
type: "Bill"
title: "Captive Insurance Companies; provisions; extensively revise"
description: "A BILL to be entitled an Act to amend Chapter 41 of Title 33 of the O.C.G.A., relating to captive insurance companies, so as to extensively revise certain provisions; to provide for change and revision of certain definitions; to provide for scope of provisions and lines of businesses a captive insurance company may engage to add an agency captive insurance company with certain restrictions; to change certificate of authority requirements; to provide for board of managers; to provide for captive corporate organization requirements making certain captives subject to Title 14; to provide for certain exemptions; to provide for exceptions, fees, and articles of incorporation requirements; to provide for powers and requirements by the Commissioner; to provide for related matters; to repeal conflicting laws; and for other purposes."
jurisdiction: "us/states/ga"
legislature: "Georgia General Assembly"
session: "2017_18"
identifier: "SB 173"
citation: "Georgia SB 173 (2017_18)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Burt Jones", "Ed Harbison", "Greg Kirk", "Joshua McKoon", "Marty Harbin", "P. K. Martin IV"]
version_count: 0
action_count: 16
vote_count: 1
first_action: "2017-02-14"
last_action: "2017-07-01"
source: "openstates"
source_identifier: "ocd-bill/4a7c3e36-1f3c-44ab-9496-377de1b12b4d"
source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
source_hash: "1abcc4d2ac8c2459361bef2449df47293ac19bcfa498075df02a15242c2b8ba9"
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 SB 173 (2017_18) — Captive Insurance Companies; provisions; extensively revise

A BILL to be entitled an Act to amend Chapter 41 of Title 33 of the O.C.G.A., relating to captive insurance companies, so as to extensively revise certain provisions; to provide for change and revision of certain definitions; to provide for scope of provisions and lines of businesses a captive insurance company may engage to add an agency captive insurance company with certain restrictions; to change certificate of authority requirements; to provide for board of managers; to provide for captive corporate organization requirements making certain captives subject to Title 14; to provide for certain exemptions; to provide for exceptions, fees, and articles of incorporation requirements; to provide for powers and requirements by the Commissioner; to provide for related matters; to repeal conflicting laws; and for other purposes.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.


## Votes

- PASSAGE BY SUBSTITUTE — **51–0** (pass) · upper

## Sponsors

- Burt Jones — primary (person)
- Ed Harbison — primary (person)
- Greg Kirk — primary (person)
- Joshua McKoon — primary (person)
- Marty Harbin — primary (person)
- P. K. Martin IV — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2017-02-14** Senate Hopper
- **2017-02-15** Senate Read and Referred `referral-committee`
- **2017-02-23** Senate Committee Favorably Reported By Substitute `committee-passage-favorable`
- **2017-02-24** Senate Read Second Time `reading-2`
- **2017-03-03** Senate Third Read `reading-3`
- **2017-03-03** Senate Passed/Adopted By Substitute `passage`
- **2017-03-06** House First Readers `reading-1`
- **2017-03-09** House Second Readers `reading-2`
- **2017-03-09** House Committee Favorably Reported `committee-passage-favorable`
- **2017-03-16** House Postponed
- **2017-03-20** House Third Readers `reading-3`
- **2017-03-20** House Passed/Adopted `passage`
- **2017-04-03** Senate Sent to Governor `executive-receipt`
- **2017-05-09** Senate Date Signed by Governor `executive-signature`
- **2017-05-09** Act 246 `executive-signature`
- **2017-07-01** Effective Date

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/4a7c3e36-1f3c-44ab-9496-377de1b12b4d`. Confidence: reported (aggregated from official Georgia legislature records).