a43f31b272
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
81 lines
4.8 KiB
Markdown
81 lines
4.8 KiB
Markdown
---
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type: "Bill"
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title: "Financial institutions; clarify and remove superfluous language; provisions"
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description: "A BILL to be entitled an Act to amend Chapter 1 of Title 7 of the O.C.G.A., relating to financial institutions, so as to clarify and remove superfluous language; to reduce the number of days for certain cease and desist orders to become final; to repeal Code Section 7-1-1003.1, relating to physical place of business; to eliminate the notification requirement for a change in ultimate equitable owner of mortgage brokers or mortgage lenders; to change advertising content requirements for mortgage lenders and mortgage brokers; to reduce the number of days for the process related to bond cancellation notice; to amend Chapter 6A of Title 7 of the O.C.G.A., relating to the Georgia Fair Lending Act, so as to update citations to federal regulations; to provide for related matters; to repeal conflicting laws; and for other purposes."
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jurisdiction: "us/states/ga"
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legislature: "Georgia General Assembly"
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session: "2019_20"
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identifier: "HB 781"
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citation: "Georgia HB 781 (2019_20)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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primary_sponsors: ["Bruce Williamson", "Gloria Frazier", "Jason Ridley", "Penny Houston"]
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version_count: 5
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action_count: 17
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vote_count: 1
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first_action: "2020-01-15"
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last_action: "2021-01-01"
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source: "openstates"
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source_identifier: "ocd-bill/d4a54c77-7bfd-4e43-9fd6-02e15a9fffef"
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source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
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source_hash: "e8610bdd9db2e7136170f89601838fa68d87c367b4e46e66262a37b18536f09d"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-ga"]
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---
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# Georgia HB 781 (2019_20) — Financial institutions; clarify and remove superfluous language; provisions
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A BILL to be entitled an Act to amend Chapter 1 of Title 7 of the O.C.G.A., relating to financial institutions, so as to clarify and remove superfluous language; to reduce the number of days for certain cease and desist orders to become final; to repeal Code Section 7-1-1003.1, relating to physical place of business; to eliminate the notification requirement for a change in ultimate equitable owner of mortgage brokers or mortgage lenders; to change advertising content requirements for mortgage lenders and mortgage brokers; to reduce the number of days for the process related to bond cancellation notice; to amend Chapter 6A of Title 7 of the O.C.G.A., relating to the Georgia Fair Lending Act, so as to update citations to federal regulations; to provide for related matters; to repeal conflicting laws; and for other purposes.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **HB 781/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/195221.pdf)
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2. **LC 50 0019/a** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/188013.pdf)
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3. **LC 50 0035S/hcs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/189926.pdf)
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4. **LC 50 0035S/hs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/188802.pdf)
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5. **Sen ctee sub LC 50 0066S** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/192051.pdf)
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## Votes
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- PASSAGE — **167–0** (pass) · lower
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## Sponsors
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- Bruce Williamson — primary (person)
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- Gloria Frazier — primary (person)
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- Jason Ridley — primary (person)
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- Penny Houston — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2020-01-15** House Hopper
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- **2020-01-16** House First Readers `reading-1`
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- **2020-01-27** House Second Readers `reading-2`
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- **2020-01-29** House Committee Favorably Reported By Substitute `committee-passage-favorable`
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- **2020-02-18** House Third Readers `reading-3`
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- **2020-02-18** House Passed/Adopted By Substitute `passage`
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- **2020-02-19** Senate Read and Referred `referral-committee`
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- **2020-03-04** Senate Committee Favorably Reported By Substitute `committee-passage-favorable`
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- **2020-03-05** Senate Read Second Time `reading-2`
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- **2020-06-15** Senate Third Read `reading-3`
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- **2020-06-15** Senate Passed/Adopted By Substitute `passage`
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- **2020-06-15** Senate Transmitted House
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- **2020-06-25** House Agreed Senate Amend or Sub
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- **2020-07-02** House Sent to Governor `executive-receipt`
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- **2020-07-29** House Date Signed by Governor `executive-signature`
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- **2020-07-29** Act 492 `executive-signature`
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- **2021-01-01** Effective Date
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/d4a54c77-7bfd-4e43-9fd6-02e15a9fffef`. Confidence: reported (aggregated from official Georgia legislature records).
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