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---
type: "Bill"
title: "Uniform Commercial Code Modernization Act of 2024; enact"
description: "A BILL to be entitled an Act to amend Title 11 of the Official Code of Georgia Annotated, relating to the commercial code, so as to update and modernize various statutes in the commercial code relating to commercial transactions in order to maintain uniformity in this state's statutes governing commercial transactions as recommended by the National Conference of Commissioners on Uniform State Laws; to establish commercial law for transactions involving digital assets; to provide for a short title; to renumber Article 12 as Article 13; to add a new Article 12 to the commercial code pertaining to controllable electronic records; to add a new Article 12A pertaining to transitional provisions; to make conforming amendments; to provide for related matters; to repeal conflicting laws; and for other purposes."
jurisdiction: "us/states/ga"
legislature: "Georgia General Assembly"
session: "2023_24"
identifier: "HB 1240"
citation: "Georgia HB 1240 (2023_24)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Mary Oliver", "Matt Reeves", "Rob Leverett", "Stacey Evans", "Stan Gunter", "Tyler Paul Smith"]
version_count: 4
action_count: 15
vote_count: 2
first_action: "2024-02-12"
last_action: "2024-07-01"
source: "openstates"
source_identifier: "ocd-bill/257359c7-c425-41a6-8b37-92bdcacf209e"
source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
source_hash: "02b2919a6842d4312ead3e9c691f9c7bf98bc50404bbc71106f5d480cc665f6a"
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 1240 (2023_24) — Uniform Commercial Code Modernization Act of 2024; enact
A BILL to be entitled an Act to amend Title 11 of the Official Code of Georgia Annotated, relating to the commercial code, so as to update and modernize various statutes in the commercial code relating to commercial transactions in order to maintain uniformity in this state's statutes governing commercial transactions as recommended by the National Conference of Commissioners on Uniform State Laws; to establish commercial law for transactions involving digital assets; to provide for a short title; to renumber Article 12 as Article 13; to add a new Article 12 to the commercial code pertaining to controllable electronic records; to add a new Article 12A pertaining to transitional provisions; to make conforming amendments; 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. **HB 1240/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20232024/228361.pdf)
2. **LC 48 1222S/hcs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20232024/225457.pdf)
3. **LC 48 1222S/hs** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20232024/224897.pdf)
4. **LC 56 0106/a** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20232024/223714.pdf)
## Votes
- Senate Vote #721 - 2023-2024 Regular Session — **52–1** (pass) · upper
- House Vote #538 - 2023-2024 Regular Session — **163–1** (pass) · lower
## Sponsors
- Mary Oliver — primary (person)
- Matt Reeves — primary (person)
- Rob Leverett — primary (person)
- Stacey Evans — primary (person)
- Stan Gunter — primary (person)
- Tyler Paul Smith — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2024-02-12** House Hopper `introduction`
- **2024-02-13** House First Readers `reading-1`
- **2024-02-15** House Second Readers `reading-2`
- **2024-02-21** House Committee Favorably Reported By Substitute `committee-passage-favorable`
- **2024-02-26** House Third Readers `reading-3`
- **2024-02-26** House Passed/Adopted By Substitute `passage`
- **2024-02-27** Senate Read and Referred `referral-committee`
- **2024-03-08** Senate Committee Favorably Reported `committee-passage-favorable`
- **2024-03-11** Senate Read Second Time `reading-2`
- **2024-03-21** Senate Third Read `reading-3`
- **2024-03-21** Senate Passed/Adopted `passage`
- **2024-04-02** House Sent to Governor `executive-receipt`
- **2024-05-06** House Date Signed by Governor `executive-signature`
- **2024-05-06** Act 600 `executive-signature`
- **2024-07-01** Effective Date
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/257359c7-c425-41a6-8b37-92bdcacf209e`. Confidence: reported (aggregated from official Georgia legislature records).