Georgia legislation · 2025-2026 Regular Session
Georgia HB1274: Auto Insurance Excess Profits Act; enact
Status: Passed one chamber, March 31, 2026
A BILL to be entitled an Act to amend Chapter 9 of Title 33 of the Official Code of Georgia Annotated, relating to regulation of rates, underwriting rules, and related organizations, so as to provide for the Department of Insurance to collect certain data annually from insurers writing private passenger automobile insurance policies; to provide for the Commissioner of Insurance to order the refund of any excess profit made by such insurers; to provide for definitions; to provide for calculations; to provide for an order, notice, and opportunity for hearing; to provide for cash refunds or credit refunds; to provide for certification; to provide for rules and regulations; to provide for related matters; to provide for a short title; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
What the bill says
To amend Chapter 9 of Title 33 of the Official Code of Georgia Annotated, relating to regulation of rates, underwriting rules, and related organizations, so as to provide for the Department of Insurance to collect certain data annually from insurers writing private passenger automobile insurance policies; to provide for the Commissioner of Insurance to order the refund of any excess profit made by such insurers; to provide for definitions; to provide for calculations; to provide for an order, notice, and opportunity for hearing…
From the introduced text:
A BILL TO BE ENTITLED To amend Chapter 9 of Title 33 of the Official Code of Georgia Annotated, relating to regulation of rates, underwriting rules, and related organizations, so as to provide for the Department of Insurance to collect certain data annually from insurers writing private passenger automobile insurance policies; to provide for the Commissioner of Insurance to order the refund of any excess profit made by such insurers; to provide for definitions; to provide for calculations; to provide for an order, notice, and opportunity for hearing; to provide for cash refunds or credit refunds; to provide for certification; to provide for rules and regulations; to provide for related matters; to provide for a short title; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes. BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: SECTION 1. This Act shall be known and may be cited as the "Auto Insurance Excess Profits Act." H. B. 1274 LC 52 9007 SECTION 2. Chapter 9 of Title 33 of the Official Code of Georgia Annotated, relating to regulation of rates, underwriting rules, and related organizations, is amended by revising Code Section 33-9-41, which is reserved, as follows: "33-9-41. (a) As used in this Code section, the term: (1) 'Anticipated underwriting profit' means the expected, projected, …
Sponsors
- Marty Harbin (R, 16) · primary sponsor
- Matt Reeves (R, 99) · primary sponsor
- Eddie Lumsden (R, 12)
- Trey Kelley (R, 16)
- Chuck Efstration (R, 104)
- Soo Hong (R, 103)
- Michelle Au (D)
Latest actions
- : Senate Tabled
- : Senate Read Second Time
- : Senate Committee Favorably Reported By Substitute
- : Senate Read and Referred
- : House Passed/Adopted
- : House Third Readers
- : House Committee Favorably Reported
- : House Second Readers
- : House First Readers
- : House Hopper
Votes
- House Vote #571 (February 26, 2026): 169 yea, 1 nay, passed
Common questions
- What is HB1274?
- HB1274 is a bill in the Georgia Legislature (2025-2026 Regular Session): Auto Insurance Excess Profits Act; enact.
- What does HB1274 do?
- In its own words: To amend Chapter 9 of Title 33 of the Official Code of Georgia Annotated, relating to regulation of rates, underwriting rules, and related organizations, so as to provide for the Department of Insurance to collect certain data annually from insurers writing private passenger automobile insurance policies; to provide for the Commissioner of Insurance to order the refund of any excess profit made by such insurers; to provide for definitions; to provide for calculations; to provide for an order, notice, and opportunity for hearing…
- What is the status of HB1274?
- Passed one chamber as of March 31, 2026. Latest action: Senate Tabled (March 31, 2026).
- Who sponsored HB1274?
- Marty Harbin (R, 16), with 6 co-sponsors.
- Where is the official record for HB1274?
- On the Georgia Legislature website: https://www.legis.ga.gov/legislation/73115
Source: official Georgia record. Tracked by Delilah, AI for legislation across all 50 states and Congress.