Georgia legislation · 2025-2026 Regular Session
Georgia HB1449: Georgia Gold Standard Opportunity Grant Act of 2026; enact
Status: In committee, February 26, 2026
A BILL to be entitled an Act to amend Chapter 8 of Title 50 of the Official Code of Georgia Annotated, relating to the Department of Community Affairs, so as to provide for the creation of a grant program for small businesses, small-scale farmers, and small nonprofit organizations; to provide for legislative findings; to provide for definitions; to provide for funding; to provide for annual review and reporting; to provide a short title; to provide for related matters; to provide for an effective date; and for other purposes.
What the bill says
To amend Chapter 8 of Title 50 of the Official Code of Georgia Annotated, relating to the Department of Community Affairs, so as to provide for the creation of a grant program for small businesses, small-scale farmers, and small nonprofit organizations; to provide for legislative findings; to provide for definitions; to provide for funding; to provide for annual review and reporting; to provide a short title; to provide for related matters; to provide for an effective date; and for other purposes.
From the introduced text:
A BILL TO BE ENTITLED To amend Chapter 8 of Title 50 of the Official Code of Georgia Annotated, relating to the Department of Community Affairs, so as to provide for the creation of a grant program for small businesses, small-scale farmers, and small nonprofit organizations; to provide for legislative findings; to provide for definitions; to provide for funding; to provide for annual review and reporting; to provide a short title; to provide for related matters; to provide for an effective date; 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 "Georgia Gold Standard Opportunity Grant Act of 2026." SECTION 2. Chapter 8 of Title 50 of the Official Code of Georgia Annotated, relating to the Department of Community Affairs, is amended by adding a new article to read as follows: H. B. 1449 LC 48 1730 "ARTICLE 50-8-320. The General Assembly finds that: (1) Georgia's historic economic surplus is the result of the hard work of its citizens and should be reinvested into the state's local economic engines; (2) Small businesses, small-scale farmers, and small nonprofit organizations are often unable to access traditional capital markets at competitive rates; and (3) Establishing a bold $1 billion grant initiative will bridge the wealth gap, …
Sponsors
- Derrick Jackson (D, HD-068) · primary sponsor
- Tremaine Reese (D, 140)
- Billy Mitchell (D, 88)
- El-Mahdi Holly (D, 116)
- Sandra Scott (D, 76)
- Inga Willis (D)
Latest actions
- : 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 HB1449?
- HB1449 is a bill in the Georgia Legislature (2025-2026 Regular Session): Georgia Gold Standard Opportunity Grant Act of 2026; enact.
- What does HB1449 do?
- In its own words: To amend Chapter 8 of Title 50 of the Official Code of Georgia Annotated, relating to the Department of Community Affairs, so as to provide for the creation of a grant program for small businesses, small-scale farmers, and small nonprofit organizations; to provide for legislative findings; to provide for definitions; to provide for funding; to provide for annual review and reporting; to provide a short title; to provide for related matters; to provide for an effective date; and for other purposes.
- What is the status of HB1449?
- In committee as of February 26, 2026. Latest action: Senate Read and Referred (March 25, 2026).
- Who sponsored HB1449?
- Derrick Jackson (D, HD-068), with 5 co-sponsors.
- Where is the official record for HB1449?
- On the Georgia Legislature website: https://www.legis.ga.gov/legislation/73612
Source: official Georgia record. Tracked by Delilah, AI for legislation across all 50 states and Congress.