---
type: "Bill"
title: "Banking and finance; provide for definitions; change terminology; provisions"
description: "A BILL to be entitled an Act to amend Title 7 of the O.C.G.A., relating to banking and finance, so as to provide for definitions; to provide for dates; to repeal laws relating to international banking corporations and bank agencies; to provide for an exemption to installment loan licensing and regulation; to provide for notice requirements; to provide for installment loan interest calculations; to provide for licensing and regulation of foreign bank offices and agencies; to provide for related matters; to repeal conflicting laws; and for other purposes."
jurisdiction: "us/states/ga"
legislature: "Georgia General Assembly"
session: "2023_24"
identifier: "HB 55"
citation: "Georgia HB 55 (2023_24)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Bruce Williamson", "Gloria Frazier", "Jason Ridley", "Noel Williams, Jr.", "Robert Dickey", "Will Wade"]
version_count: 2
action_count: 15
vote_count: 2
first_action: "2023-01-23"
last_action: "2023-07-01"
source: "openstates"
source_identifier: "ocd-bill/708b00c5-b3dd-405d-8e09-eb75fb3e1e54"
source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
source_hash: "463f11080b20d0175d01030870f0e94c5d5870321f4faa8bfe22c513e2073413"
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 55 (2023_24) — Banking and finance; provide for definitions; change terminology; provisions

A BILL to be entitled an Act to amend Title 7 of the O.C.G.A., relating to banking and finance, so as to provide for definitions; to provide for dates; to repeal laws relating to international banking corporations and bank agencies; to provide for an exemption to installment loan licensing and regulation; to provide for notice requirements; to provide for installment loan interest calculations; to provide for licensing and regulation of foreign bank offices and agencies; 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. **HB 55/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20232024/217595.pdf)
2. **LC 50 0432/a** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20232024/212576.pdf)

## Votes

- House Vote #23 - 2023-2024 Regular Session — **164–0** (pass) · lower
- Senate Vote #204 - 2023-2024 Regular Session — **52–0** (pass) · upper

## Sponsors

- Bruce Williamson — primary (person)
- Gloria Frazier — primary (person)
- Jason Ridley — primary (person)
- Noel Williams, Jr. — primary (person)
- Robert Dickey — primary (person)
- Will Wade — primary (person)

## Timeline

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

- **2023-01-23** House Hopper `introduction`
- **2023-01-24** House First Readers `reading-1`
- **2023-01-25** House Second Readers `reading-2`
- **2023-02-02** House Committee Favorably Reported `committee-passage-favorable`
- **2023-02-08** House Third Readers `reading-3`
- **2023-02-08** House Passed/Adopted `passage`
- **2023-02-09** Senate Read and Referred `referral-committee`
- **2023-03-01** Senate Committee Favorably Reported `committee-passage-favorable`
- **2023-03-02** Senate Read Second Time `reading-2`
- **2023-03-09** Senate Third Read `reading-3`
- **2023-03-09** Senate Passed/Adopted `passage`
- **2023-03-30** House Sent to Governor `executive-receipt`
- **2023-05-04** House Date Signed by Governor `executive-signature`
- **2023-05-04** Act 348 `executive-signature`
- **2023-07-01** Effective Date

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/708b00c5-b3dd-405d-8e09-eb75fb3e1e54`. Confidence: reported (aggregated from official Georgia legislature records).