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---
type: "Bill"
title: "Banking and finance; update, modernize, and streamline numerous Code sections; revise provisions"
description: "A BILL to be entitled an Act to extensively amend Title 7 of the Official Code of Georgia Annotated, relating to banking and finance, so as to update, modernize, and streamline numerous Code sections to provide for efficient regulation of banks, trust companies, credit unions, merchant acquirer limited purpose banks, and the mortgage lending industry; to update and eliminate certain provisions to comply with federal law; to update certain provisions to comply with federal court decisions; to revise powers and duties of the Department of Banking and Finance; to delete all appearances of and references to the term \"building and loan associations\"; to provide for related matters; to repeal conflicting laws; and for other purposes."
jurisdiction: "us/states/ga"
legislature: "Georgia General Assembly"
session: "2015_16"
identifier: "HB 811"
citation: "Georgia HB 811 (2015_16)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Bruce Williamson", "Buzz Brockway", "Greg Morris", "Jay Powell", "Terry England", "Virgil Fludd"]
version_count: 6
action_count: 17
vote_count: 1
first_action: "2016-01-22"
last_action: "2016-07-01"
source: "openstates"
source_identifier: "ocd-bill/0c74564b-a7a0-452a-9dd9-f0e0ebe7cb2d"
source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
source_hash: "24e88ef1fc52b87299752dae80f05f8e0384620a5d4fd6a8c4850feb526d6d7a"
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 811 (2015_16) — Banking and finance; update, modernize, and streamline numerous Code sections; revise provisions
A BILL to be entitled an Act to extensively amend Title 7 of the Official Code of Georgia Annotated, relating to banking and finance, so as to update, modernize, and streamline numerous Code sections to provide for efficient regulation of banks, trust companies, credit unions, merchant acquirer limited purpose banks, and the mortgage lending industry; to update and eliminate certain provisions to comply with federal law; to update certain provisions to comply with federal court decisions; to revise powers and duties of the Department of Banking and Finance; to delete all appearances of and references to the term "building and loan associations"; 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. **Floor Amendment AM 40 0166** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20152016/160966.pdf)
2. **Floor amend 1** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20152016/160487.pdf)
3. **HB 811/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20152016/162422.pdf)
4. **LC 39 1138ER/a** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20152016/155243.pdf)
5. **LC 39 1207ERS/hcs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20152016/157277.pdf)
6. **LC 39 1207ERS/hs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20152016/156635.pdf)
## Votes
- PASSAGE — **1611** (pass) · lower
## Sponsors
- Bruce Williamson — primary (person)
- Buzz Brockway — primary (person)
- Greg Morris — primary (person)
- Jay Powell — primary (person)
- Terry England — primary (person)
- Virgil Fludd — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2016-01-22** House Hopper
- **2016-01-25** House First Readers `reading-1`
- **2016-01-26** House Second Readers `reading-2`
- **2016-02-04** House Committee Favorably Reported By Substitute `committee-passage-favorable`
- **2016-02-11** House Third Readers `reading-3`
- **2016-02-11** House Passed/Adopted By Substitute `passage`
- **2016-02-16** Senate Read and Referred `referral-committee`
- **2016-02-24** Senate Committee Favorably Reported `committee-passage-favorable`
- **2016-02-25** Senate Read Second Time `reading-2`
- **2016-03-15** Senate Third Read `reading-3`
- **2016-03-15** Senate Passed/Adopted As Amended `passage`
- **2016-03-24** House Agreed Senate Amend or Sub As Amended
- **2016-03-24** Senate Agreed House Amend or Sub
- **2016-04-04** House Sent to Governor `executive-receipt`
- **2016-04-26** House Date Signed by Governor `executive-signature`
- **2016-04-26** Act 450 `executive-signature`
- **2016-07-01** Effective Date
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/0c74564b-a7a0-452a-9dd9-f0e0ebe7cb2d`. Confidence: reported (aggregated from official Georgia legislature records).