Fabio
77 lines
3.6 KiB
Markdown
77 lines
3.6 KiB
Markdown
---
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type: "Bill"
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title: "Insurance; minimum nonforfeiture interest rate for individual deferred annuities; decrease"
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description: "A BILL to be entitled an Act to amend Code Section 33-28-3 of the Official Code of Georgia Annotated, relating to standard nonforfeiture provisions for individual deferred annuities, so as to decrease the minimum nonforfeiture interest rate for individual deferred annuities from 1 percent to 0.15 percent; to provide for an effective date and 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: "2021_22"
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identifier: "HB 1021"
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citation: "Georgia HB 1021 (2021_22)"
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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", "Carolyn Hugley", "Eddie Lumsden", "John Carson", "Terry England"]
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version_count: 2
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action_count: 15
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vote_count: 1
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first_action: "2022-01-26"
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last_action: "2022-07-01"
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source: "openstates"
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source_identifier: "ocd-bill/20402e56-d1a7-4241-90ff-eac26dd2287a"
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source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
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source_hash: "fe4c114cb9b5dd73077536ec54cc36ba6b630c839421b248b99ff1b0d9913bc3"
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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 1021 (2021_22) — Insurance; minimum nonforfeiture interest rate for individual deferred annuities; decrease
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A BILL to be entitled an Act to amend Code Section 33-28-3 of the Official Code of Georgia Annotated, relating to standard nonforfeiture provisions for individual deferred annuities, so as to decrease the minimum nonforfeiture interest rate for individual deferred annuities from 1 percent to 0.15 percent; to provide for an effective date and 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. **HB 1021/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20212022/210165.pdf)
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2. **LC 52 0044/a** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20212022/203969.pdf)
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## Votes
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- PASSAGE — **153–2** (pass) · lower
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## Sponsors
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- Bruce Williamson — primary (person)
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- Carolyn Hugley — primary (person)
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- Eddie Lumsden — primary (person)
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- John Carson — primary (person)
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- Terry England — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2022-01-26** House Hopper
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- **2022-01-27** House First Readers `reading-1`
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- **2022-02-01** House Second Readers `reading-2`
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- **2022-02-10** House Committee Favorably Reported `committee-passage-favorable`
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- **2022-02-15** House Third Readers `reading-3`
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- **2022-02-15** House Passed/Adopted `passage`
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- **2022-02-17** Senate Read and Referred `referral-committee`
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- **2022-03-17** Senate Committee Favorably Reported `committee-passage-favorable`
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- **2022-03-18** Senate Read Second Time `reading-2`
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- **2022-03-23** Senate Third Read `reading-3`
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- **2022-03-23** Senate Passed/Adopted `passage`
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- **2022-04-06** House Sent to Governor `executive-receipt`
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- **2022-05-02** House Date Signed by Governor `executive-signature`
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- **2022-05-02** Act 756 `executive-signature`
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- **2022-07-01** 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/20402e56-d1a7-4241-90ff-eac26dd2287a`. Confidence: reported (aggregated from official Georgia legislature records).
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