Fabio
81 lines
4.9 KiB
Markdown
81 lines
4.9 KiB
Markdown
---
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type: "Bill"
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title: "Banking and Finance; duties, powers, and responsibilities relative to industrial loans from the Industrial Loans Commissioner to Department of Banking and Finance; transfer"
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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 transfer duties, powers, responsibilities, and other authority relative to industrial loans from the Industrial Loan Commissioner to the Department of Banking and Finance; to change the name of such loans to installment loans; to revise a short title; to provide for definitions; to provide for procedures, conditions, and limitations relative to issuing installment loans; to provide for exemptions; to provide for powers and duties relative to the department; to amend the O.C.G.A., so as to conform cross-references; to provide for a purpose; to provide for related matters; to provide for applicability; 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 462"
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citation: "Georgia SB 462 (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", "Jeff Mullis", "John Kennedy", "Mike Dugan", "Steve Gooch"]
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version_count: 5
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action_count: 16
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vote_count: 1
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first_action: "2020-02-28"
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last_action: "2020-06-30"
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source: "openstates"
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source_identifier: "ocd-bill/f2bec823-13be-4bb1-a9b0-2abe5db7fa11"
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source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
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source_hash: "7d3771e0442ce432dbd158b5beb2a2002c28a3ca3787c0c39c317167a3827abc"
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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 462 (2019_20) — Banking and Finance; duties, powers, and responsibilities relative to industrial loans from the Industrial Loans Commissioner to Department of Banking and Finance; transfer
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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 transfer duties, powers, responsibilities, and other authority relative to industrial loans from the Industrial Loan Commissioner to the Department of Banking and Finance; to change the name of such loans to installment loans; to revise a short title; to provide for definitions; to provide for procedures, conditions, and limitations relative to issuing installment loans; to provide for exemptions; to provide for powers and duties relative to the department; to amend the O.C.G.A., so as to conform cross-references; to provide for a purpose; to provide for related matters; to provide for applicability; 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 50 0069-EC** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/191506.pdf)
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2. **As passed Senate** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/192619.pdf)
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3. **Committee sub LC 50 0080S** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/192052.pdf)
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4. **LC 50 0109S/hss** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/193923.pdf)
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5. **SB 462/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20192020/194666.pdf)
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## Votes
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- PASSAGE BY SUBSTITUTE — **54–0** (pass) · upper
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## Sponsors
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- Burt Jones — primary (person)
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- Jeff Mullis — primary (person)
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- John Kennedy — primary (person)
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- Mike Dugan — primary (person)
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- Steve Gooch — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2020-02-28** Senate Hopper
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- **2020-03-02** 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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- **2020-03-09** Senate Third Read `reading-3`
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- **2020-03-09** Senate Passed/Adopted By Substitute `passage`
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- **2020-03-10** House First Readers `reading-1`
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- **2020-03-12** House Second Readers `reading-2`
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- **2020-06-17** House Committee Favorably Reported By Substitute `committee-passage-favorable`
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- **2020-06-19** House Third Readers `reading-3`
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- **2020-06-19** House Passed/Adopted By Substitute `passage`
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- **2020-06-24** Senate Agreed House Amend or Sub
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- **2020-06-25** 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 409 `executive-signature`
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- **2020-06-30** 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/f2bec823-13be-4bb1-a9b0-2abe5db7fa11`. Confidence: reported (aggregated from official Georgia legislature records).
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