---
type: "Bill"
title: "Banking and finance; update 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 update terminology; to revise procedures concerning incorporators of credit unions; to revise requirements of articles of incorporation of credit unions; to revise licensure requirements for money transmissions, cashing payment instruments, mortgage lenders and mortgage brokers, foreign banking institutions, and installment loans; to provide for revised auditing procedures for mortgage lenders and mortgage brokers; to provide for corporate governance requirements for mortgage lenders and mortgage brokers; to provide for liquidity requirements for mortgage lenders and mortgage brokers; to revise requirements for applications to relocate for foreign banking institutions; to provide for related matters; to repeal conflicting laws; and for other purposes."
jurisdiction: "us/states/ga"
legislature: "Georgia General Assembly"
session: "2025_26"
identifier: "HB 15"
citation: "Georgia HB 15 (2025_26)"
classification: ["bill"]
subjects: ["BANKING AND FINANCE"]
status: "enacted"
primary_sponsors: ["Bruce Williamson", "Demetrius Douglas", "Jaclyn Ford", "Jason Ridley", "Noel Williams, Jr.", "Robert Dickey"]
version_count: 2
action_count: 15
vote_count: 2
first_action: "2025-01-13"
last_action: "2025-07-01"
source: "openstates"
source_identifier: "ocd-bill/736f5553-1600-4d67-802a-65e264089185"
source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
source_hash: "b231a3bd60031fc4817886bf0704811bce1a74b5f0bb5471737d365c902f1a96"
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 15 (2025_26) — Banking and finance; update 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 update terminology; to revise procedures concerning incorporators of credit unions; to revise requirements of articles of incorporation of credit unions; to revise licensure requirements for money transmissions, cashing payment instruments, mortgage lenders and mortgage brokers, foreign banking institutions, and installment loans; to provide for revised auditing procedures for mortgage lenders and mortgage brokers; to provide for corporate governance requirements for mortgage lenders and mortgage brokers; to provide for liquidity requirements for mortgage lenders and mortgage brokers; to revise requirements for applications to relocate for foreign banking institutions; 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 15/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/235747.pdf)
2. **LC 62 0051/a** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/229789.pdf)

## Votes

- Senate Vote #222 - 2025-2026 Regular Session — **46–1** (pass) · upper
- House Vote #26 - 2025-2026 Regular Session — **163–1** (pass) · lower

## Sponsors

- Bruce Williamson — primary (person)
- Demetrius Douglas — primary (person)
- Jaclyn Ford — primary (person)
- Jason Ridley — primary (person)
- Noel Williams, Jr. — primary (person)
- Robert Dickey — primary (person)

## Timeline

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

- **2025-01-13** House Hopper `introduction`
- **2025-01-14** House First Readers `reading-1`
- **2025-01-15** House Second Readers `reading-2`
- **2025-02-06** House Committee Favorably Reported `committee-passage-favorable`
- **2025-02-12** House Third Readers `reading-3`
- **2025-02-12** House Passed/Adopted `passage`
- **2025-02-13** Senate Read and Referred `referral-committee`
- **2025-02-19** Senate Committee Favorably Reported `committee-passage-favorable`
- **2025-02-20** Senate Read Second Time `reading-2`
- **2025-03-10** Senate Third Read `reading-3`
- **2025-03-10** Senate Passed/Adopted `passage`
- **2025-04-07** House Sent to Governor `executive-receipt`
- **2025-05-14** House Date Signed by Governor `executive-signature`
- **2025-05-14** Act 250 `executive-signature`
- **2025-07-01** Effective Date

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/736f5553-1600-4d67-802a-65e264089185`. Confidence: reported (aggregated from official Georgia legislature records).