---
type: "Bill"
title: "Reinsurance of Risks; adequate regulation of reinsurers; incorporation of the National Association of Insurance Commissioners reinsurance model into the Georgia Insurance Code; provide"
description: "A BILL to be entitled an Act to amend Code Section 33-7-14 of the Official Code of Georgia Annotated, relating to reinsurance of risks, so as to provide adequate regulation of reinsurers; to provide for the incorporation of the National Association of Insurance Commissioners reinsurance model law into the Georgia Insurance Code; to provide domestic ceding insurers credit as either an asset or a deduction in liability on account of reinsurance purchased only when the purchase meets new requirements; to provide for related matters; to repeal conflicting laws; and for other purposes."
jurisdiction: "us/states/ga"
legislature: "Georgia General Assembly"
session: "2019_20"
identifier: "SB 188"
citation: "Georgia SB 188 (2019_20)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Burt Jones", "Greg Kirk", "Larry Walker, III", "Marty Harbin", "P. K. Martin IV"]
version_count: 4
action_count: 16
vote_count: 1
first_action: "2019-02-25"
last_action: "2020-07-01"
source: "openstates"
source_identifier: "ocd-bill/47fbcec5-69f7-4598-ad06-0de9b47dfc35"
source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
source_hash: "a9a83e9227ef4488db979f09aeaf4e43d822c25c22f432129b44c9f1cfb4375b"
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 188 (2019_20) — Reinsurance of Risks; adequate regulation of reinsurers; incorporation of the National Association of Insurance Commissioners reinsurance model into the Georgia Insurance Code; provide

A BILL to be entitled an Act to amend Code Section 33-7-14 of the Official Code of Georgia Annotated, relating to reinsurance of risks, so as to provide adequate regulation of reinsurers; to provide for the incorporation of the National Association of Insurance Commissioners reinsurance model law into the Georgia Insurance Code; to provide domestic ceding insurers credit as either an asset or a deduction in liability on account of reinsurance purchased only when the purchase meets new requirements; 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.

1. **As introduced LC 46 0099** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/182663.pdf)
2. **As passed Senate** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/183861.pdf)
3. **LC 46 0228S/hss** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/193028.pdf)
4. **SB188/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/194297.pdf)

## Votes

- PASSAGE — **52–0** (pass) · upper

## Sponsors

- Burt Jones — primary (person)
- Greg Kirk — primary (person)
- Larry Walker, III — primary (person)
- Marty Harbin — primary (person)
- P. K. Martin IV — primary (person)

## Timeline

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

- **2019-02-25** Senate Hopper
- **2019-02-26** Senate Read and Referred `referral-committee`
- **2019-03-01** Senate Committee Favorably Reported `committee-passage-favorable`
- **2019-03-04** Senate Read Second Time `reading-2`
- **2019-03-05** Senate Third Read `reading-3`
- **2019-03-05** Senate Passed/Adopted `passage`
- **2019-03-07** House First Readers `reading-1`
- **2019-03-08** House Second Readers `reading-2`
- **2020-03-12** House Committee Favorably Reported By Substitute `committee-passage-favorable`
- **2020-06-15** House Third Readers `reading-3`
- **2020-06-15** House Passed/Adopted By Substitute `passage`
- **2020-06-20** Senate Agreed House Amend or Sub
- **2020-06-29** Senate Sent to Governor `executive-receipt`
- **2020-06-30** Senate Date Signed by Governor `executive-signature`
- **2020-06-30** Act 408 `executive-signature`
- **2020-07-01** Effective Date

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/47fbcec5-69f7-4598-ad06-0de9b47dfc35`. Confidence: reported (aggregated from official Georgia legislature records).