Georgia legislation · 2025-2026 Regular Session
Georgia HB1448: Georgia Local Government Finance Authority Act; enact
Status: In committee, February 25, 2026
A BILL to be entitled an Act to amend Title 36 of the Official Code of Georgia Annotated, relating to local government, so as to provide for comprehensive regulation of local government assets financing; to provide for a short title; to provide for legislative purpose; to provide for certain tax-exempt status of the authority, the authority's property, and the authority's activities; to provide for cumulative effect of the foregoing; to provide for liberal construction of the foregoing; to provide for related matters; to repeal conflicting laws; and for other purposes.
What the bill says
To amend Title 36 of the Official Code of Georgia Annotated, relating to local government, so as to provide for comprehensive regulation of local government assets financing; to provide for a short title; to provide for legislative purpose; to provide for definitions; to create the Georgia Local Government Finance Authority; to provide for members, qualifications, officers, meetings, and procedures; to provide for powers, duties, and authority of the authority; to provide for procedures, conditions, and limitations…
From the introduced text:
A BILL TO BE ENTITLED To amend Title 36 of the Official Code of Georgia Annotated, relating to local government, so as to provide for comprehensive regulation of local government assets financing; to provide for a short title; to provide for legislative purpose; to provide for definitions; to create the Georgia Local Government Finance Authority; to provide for members, qualifications, officers, meetings, and procedures; to provide for powers, duties, and authority of the authority; to provide for procedures, conditions, and limitations; to provide for certain bonds, notes, certificates, bond anticipation notes, and other evidences of indebtedness; to provide for nonapplicability of certain general laws; to provide for certain tax-exempt status of the authority, the authority's property, and the authority's activities; to provide for cumulative effect of the foregoing; to provide for liberal construction of the foregoing; to provide for related matters; to repeal conflicting laws; and for other purposes. BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: SECTION 1. Title 36 of the Official Code of Georgia Annotated, relating to local government, is amended by adding a new chapter to read as follows: H. B. 1448 LC 47 4024 "CHAPTER 36-93-1. This chapter shall be known and may be cited as the 'Georgia Local Government Finance Authority Act.' 36-93-2. The purpose of this chapter shall be to provide a …
Sponsors
- Anderson, Victor (R, 10) · primary sponsor
- Bill Yearta (R)
- Rob Leverett (R, 123)
- Katie Dempsey (R, 13)
- Gary Richardson (R, 125)
Latest actions
- : Senate Passed/Adopted
- : Senate Committee Favorably Reported
- : Senate Read and Referred
- : House Passed/Adopted
- : House Third Readers
- : House Committee Favorably Reported
- : House Second Readers
- : House First Readers
- : House Hopper
Common questions
- What is HB1448?
- HB1448 is a bill in the Georgia Legislature (2025-2026 Regular Session): Georgia Local Government Finance Authority Act; enact.
- What does HB1448 do?
- In its own words: To amend Title 36 of the Official Code of Georgia Annotated, relating to local government, so as to provide for comprehensive regulation of local government assets financing; to provide for a short title; to provide for legislative purpose; to provide for definitions; to create the Georgia Local Government Finance Authority; to provide for members, qualifications, officers, meetings, and procedures; to provide for powers, duties, and authority of the authority; to provide for procedures, conditions, and limitations…
- What is the status of HB1448?
- In committee as of February 25, 2026. Latest action: Senate Passed/Adopted (March 25, 2026).
- Who sponsored HB1448?
- Anderson, Victor (R, 10), with 4 co-sponsors.
- Where is the official record for HB1448?
- On the Georgia Legislature website: https://www.legis.ga.gov/legislation/73610
Source: official Georgia record. Tracked by Delilah, AI for legislation across all 50 states and Congress.