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---
type: "Bill"
title: "Banking and finance; licensing of payment stablecoin issuers; provisions"
description: "A BILL to be entitled an Act to amend Title 7 of the Official Code of Georgia Annotated, relating to banking and finance, so as to provide for use of certain terms in the advertisement and place of business of licensed payment stablecoin issuers; to provide for licensing of payment stablecoin issuers; to provide for third-party examination or investigation; to provide for payment of certain fees and costs of examination and investigation; to provide for suspension or revocation of a license and procedures therefor; to provide for cease and desist orders; to provide for removal of certain officers and members; to provide for a short title; to provide for legislative purpose and intent; to provide for definitions; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes."
jurisdiction: "us/states/ga"
legislature: "Georgia General Assembly"
session: "2025_26"
identifier: "HB 1272"
citation: "Georgia HB 1272 (2025_26)"
classification: ["bill"]
subjects: ["BANKING AND FINANCE"]
status: "enacted"
primary_sponsors: ["Billy Mitchell", "Bruce Williamson", "Demetrius Douglas", "Noel Williams, Jr.", "Scott Hilton", "Todd Jones"]
version_count: 2
action_count: 17
vote_count: 3
first_action: "2026-02-10"
last_action: "2026-07-01"
source: "openstates"
source_identifier: "ocd-bill/59786871-a19e-45b4-90c4-c0632cfa0fc7"
source_url: "http://webservices.legis.ga.gov/GGAServices/Legislation/Service.svc?wsdl"
source_hash: "fe04337eedd9ce656986de0c99231e3229cdf968451f6400747010f0329379e8"
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 1272 (2025_26) — Banking and finance; licensing of payment stablecoin issuers; provisions
A BILL to be entitled an Act to amend Title 7 of the Official Code of Georgia Annotated, relating to banking and finance, so as to provide for use of certain terms in the advertisement and place of business of licensed payment stablecoin issuers; to provide for licensing of payment stablecoin issuers; to provide for third-party examination or investigation; to provide for payment of certain fees and costs of examination and investigation; to provide for suspension or revocation of a license and procedures therefor; to provide for cease and desist orders; to provide for removal of certain officers and members; to provide for a short title; to provide for legislative purpose and intent; to provide for definitions; to provide for related matters; to provide for an effective date and applicability; 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 1272/AP*** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/249038.pdf)
2. **LC 62 0349/a** (committee substitute) — [source](http://www.legis.ga.gov/Legislation/20252026/242200.pdf)
## Votes
- Senate Vote #953 - 2025-2026 Regular Session — **50–1** (pass) · upper
- Senate Vote #912 - 2025-2026 Regular Session — **39–10** (pass) · upper
- House Vote #627 - 2025-2026 Regular Session — **154–16** (pass) · lower
## Sponsors
- Billy Mitchell — primary (person)
- Bruce Williamson — primary (person)
- Demetrius Douglas — primary (person)
- Noel Williams, Jr. — primary (person)
- Scott Hilton — primary (person)
- Todd Jones — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2026-02-10** House Hopper `introduction`
- **2026-02-11** House First Readers `reading-1`
- **2026-02-12** House Second Readers `reading-2`
- **2026-02-20** House Committee Favorably Reported `committee-passage-favorable`
- **2026-03-04** House Third Readers `reading-3`
- **2026-03-04** House Passed/Adopted `passage`
- **2026-03-06** Senate Read and Referred `referral-committee`
- **2026-03-25** Senate Committee Favorably Reported `committee-passage-favorable`
- **2026-03-25** Senate Read Second Time `reading-2`
- **2026-03-31** Senate Tabled
- **2026-04-02** Senate Taken from Table
- **2026-04-02** Senate Third Read `reading-3`
- **2026-04-02** Senate Passed/Adopted `passage`
- **2026-04-10** House Sent to Governor `executive-receipt`
- **2026-05-11** House Date Signed by Governor `executive-signature`
- **2026-05-11** Act 452 `executive-signature`
- **2026-07-01** Effective Date
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/59786871-a19e-45b4-90c4-c0632cfa0fc7`. Confidence: reported (aggregated from official Georgia legislature records).