republic-os/legislation/us/states/ga/2023-24/hb-481.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Public Retirement Systems Investment Authority Law; provide for a fiduciary duty	A BILL to be entitled an Act to amend Article 7 of Chapter 20 of Title 47 of the Official Code of Georgia Annotated, the "Public Retirement Systems Investment Authority Law," so as to provide for a fiduciary duty to invest retirement assets solely in the financial interest of participants and their beneficiaries; to provide for duties; to provide for delegation of duties; to provide for objective; to provide for conformance; to provide for a definition; to provide for related matters; to provide for an effective date; to repeal conflicting laws; and for other purposes.	us/states/ga	Georgia General Assembly	2023_24	HB 481	Georgia HB 481 (2023_24)	bill		enacted	Brad Thomas Charles Martin Chris Erwin Darlene Taylor John Carson Trey Kelley	6	15	2	2023-02-16	2024-07-01	openstates	ocd-bill/65df0933-40f5-4579-932a-4c1363c738b8	http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl	027a9cb9d6a7d6a1e661a93a7651f97283c3f67028162d50530687957f454613	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-ga

Georgia HB 481 (2023_24) — Public Retirement Systems Investment Authority Law; provide for a fiduciary duty

A BILL to be entitled an Act to amend Article 7 of Chapter 20 of Title 47 of the Official Code of Georgia Annotated, the "Public Retirement Systems Investment Authority Law," so as to provide for a fiduciary duty to invest retirement assets solely in the financial interest of participants and their beneficiaries; to provide for duties; to provide for delegation of duties; to provide for objective; to provide for conformance; to provide for a definition; 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. Auditor's Certification (committee substitute) — source
2. Auditor's Certification LC 56 0143S (committee substitute) — source
3. HB 481/AP* (committee substitute) — source
4. LC 43 2649/a (committee substitute) — source
5. LC 56 0143S/hcs (committee substitute) — source
6. LC 56 0143S/hs (committee substitute) — source

Votes

• Senate Vote #649 - 2023-2024 Regular Session — 50–0 (pass) · upper
• House Vote #560 - 2023-2024 Regular Session — 114–51 (pass) · lower

Sponsors

• Brad Thomas — primary (person)
• Charles Martin — primary (person)
• Chris Erwin — primary (person)
• Darlene Taylor — primary (person)
• John Carson — primary (person)
• Trey Kelley — primary (person)

Timeline

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

• 2023-02-16 House Hopper introduction
• 2023-02-16 House First Readers reading-1
• 2023-02-21 House Second Readers reading-2
• 2024-02-21 House Committee Favorably Reported By Substitute committee-passage-favorable
• 2024-02-26 House Third Readers reading-3
• 2024-02-26 House Passed/Adopted By Substitute passage
• 2024-02-27 Senate Read and Referred referral-committee
• 2024-03-08 Senate Committee Favorably Reported committee-passage-favorable
• 2024-03-11 Senate Read Second Time reading-2
• 2024-03-13 Senate Third Read reading-3
• 2024-03-13 Senate Passed/Adopted passage
• 2024-04-01 House Sent to Governor executive-receipt
• 2024-05-06 House Date Signed by Governor executive-signature
• 2024-05-06 Act 587 executive-signature
• 2024-07-01 Effective Date

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/65df0933-40f5-4579-932a-4c1363c738b8. Confidence: reported (aggregated from official Georgia legislature records).