Fabio
80 lines
4.4 KiB
Markdown
80 lines
4.4 KiB
Markdown
---
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type: "Bill"
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title: "Reinsurance of Risks; adequate regulation of reinsurers; incorporation of the National Association of Insurance Commissioners reinsurance model into the Georgia Insurance Code; provide"
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description: "A BILL to be entitled an Act to amend Code Section 33-7-14 of the Official Code of Georgia Annotated, relating to reinsurance of risks, so as to provide adequate regulation of reinsurers; to provide for the incorporation of the National Association of Insurance Commissioners reinsurance model law into the Georgia Insurance Code; to provide domestic ceding insurers credit as either an asset or a deduction in liability on account of reinsurance purchased only when the purchase meets new requirements; 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: "SB 188"
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citation: "Georgia SB 188 (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: ["Burt Jones", "Greg Kirk", "Larry Walker, III", "Marty Harbin", "P. K. Martin IV"]
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version_count: 4
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action_count: 16
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vote_count: 1
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first_action: "2019-02-25"
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last_action: "2020-07-01"
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source: "openstates"
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source_identifier: "ocd-bill/47fbcec5-69f7-4598-ad06-0de9b47dfc35"
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source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
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source_hash: "a9a83e9227ef4488db979f09aeaf4e43d822c25c22f432129b44c9f1cfb4375b"
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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 SB 188 (2019_20) — Reinsurance of Risks; adequate regulation of reinsurers; incorporation of the National Association of Insurance Commissioners reinsurance model into the Georgia Insurance Code; provide
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A BILL to be entitled an Act to amend Code Section 33-7-14 of the Official Code of Georgia Annotated, relating to reinsurance of risks, so as to provide adequate regulation of reinsurers; to provide for the incorporation of the National Association of Insurance Commissioners reinsurance model law into the Georgia Insurance Code; to provide domestic ceding insurers credit as either an asset or a deduction in liability on account of reinsurance purchased only when the purchase meets new requirements; 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. **As introduced LC 46 0099** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/182663.pdf)
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2. **As passed Senate** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/183861.pdf)
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3. **LC 46 0228S/hss** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/193028.pdf)
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4. **SB188/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/194297.pdf)
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## Votes
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- PASSAGE — **52–0** (pass) · upper
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## Sponsors
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- Burt Jones — primary (person)
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- Greg Kirk — primary (person)
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- Larry Walker, III — primary (person)
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- Marty Harbin — primary (person)
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- P. K. Martin IV — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2019-02-25** Senate Hopper
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- **2019-02-26** Senate Read and Referred `referral-committee`
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- **2019-03-01** Senate Committee Favorably Reported `committee-passage-favorable`
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- **2019-03-04** Senate Read Second Time `reading-2`
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- **2019-03-05** Senate Third Read `reading-3`
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- **2019-03-05** Senate Passed/Adopted `passage`
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- **2019-03-07** House First Readers `reading-1`
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- **2019-03-08** House Second Readers `reading-2`
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- **2020-03-12** House Committee Favorably Reported By Substitute `committee-passage-favorable`
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- **2020-06-15** House Third Readers `reading-3`
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- **2020-06-15** House Passed/Adopted By Substitute `passage`
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- **2020-06-20** Senate Agreed House Amend or Sub
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- **2020-06-29** Senate Sent to Governor `executive-receipt`
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- **2020-06-30** Senate Date Signed by Governor `executive-signature`
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- **2020-06-30** Act 408 `executive-signature`
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- **2020-07-01** 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/47fbcec5-69f7-4598-ad06-0de9b47dfc35`. Confidence: reported (aggregated from official Georgia legislature records).
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