Georgia SB503: Insurance; rental home marketplace guarantees from the definition of property insurance; exempt

What the bill says

To amend Chapter 24 of Title 33 of the Official Code of Georgia Annotated, relating to insurance generally, so as to require health benefit plans, policies, or contracts executed by the state to cover medically necessary orthotic devices and prosthetic devices and their materials and components; to revise a definition; to provide for related matters; to provide for contingent effectiveness upon appropriation of funds; to repeal conflicting laws; and for other purposes.

From the introduced text:

To amend Chapter 24 of Title 33 of the Official Code of Georgia Annotated, relating to insurance generally, so as to require health benefit plans, policies, or contracts executed by the state to cover medically necessary orthotic devices and prosthetic devices and their materials and components; to revise a definition; to provide for related matters; to provide for contingent effectiveness upon appropriation of funds; to repeal conflicting laws; and for other purposes. BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: SECTION 1. Chapter 24 of Title 33 of the Official Code of Georgia Annotated, relating to insurance generally, is amended in Code Section 33-24-59.35, relating to required coverage orthotic devices and prosthetic devices, reporting, and regulation, by revising paragraph (3) of subsection (a) as follows: "(3) 'Health benefit policy' means any individual or group plan, policy, or contract for healthcare services issued, delivered, issued for delivery, or renewed in this state by an insurer that provides major medical benefits. On or after January 1, 2027, such Such term shall not include any plans, policies, or contracts executed by the state to provide healthcare coverage on behalf of state employees, public school teachers and employees, and members and employees of the Board of Regents and their retirees and dependents under Article 1 of Chapter 18 of Title 45, and shall …

Read the full official text

Sponsors

• Matt Reeves (R, 99) · primary sponsor
• Marty Harbin (R, 16) · primary sponsor
• Larry Walker (R, 20)
• Jason Anavitarte (R, 31)
• Randy Robertson (R, 29)
• Shawn Still (R, 48)
• RaShaun Kemp (D, 38)
• Chuck Hufstetler (R, 52)
• Ricky Williams (R, 25)

Latest actions

1. May 11, 2026: Act 516
2. May 11, 2026: Senate Date Signed by Governor
3. April 10, 2026: Senate Sent to Governor
4. April 2, 2026: House Agreed Senate Amend or Sub
5. March 31, 2026: Senate Agreed House Amend or Sub As Amended
6. March 25, 2026: House Passed/Adopted By Substitute
7. March 25, 2026: House Third Readers
8. March 20, 2026: House Committee Favorably Reported By Substitute
9. March 9, 2026: House Second Readers
10. March 6, 2026: House First Readers

Votes

• House Vote #850 (April 2, 2026): 160 yea, 6 nay, passed
• Senate Vote #921 (March 31, 2026): 50 yea, 0 nay, passed
• House Vote #763 (March 25, 2026): 165 yea, 2 nay, passed
• Senate Vote #618 (March 4, 2026): 42 yea, 11 nay, passed

Common questions

What is SB503?

SB503 is a bill in the Georgia Legislature (2025-2026 Regular Session): Insurance; rental home marketplace guarantees from the definition of property insurance; exempt.

What does SB503 do?

In its own words: To amend Chapter 24 of Title 33 of the Official Code of Georgia Annotated, relating to insurance generally, so as to require health benefit plans, policies, or contracts executed by the state to cover medically necessary orthotic devices and prosthetic devices and their materials and components; to revise a definition; to provide for related matters; to provide for contingent effectiveness upon appropriation of funds; to repeal conflicting laws; and for other purposes.

What is the status of SB503?

Signed into law as of May 11, 2026. Latest action: Act 516 (May 11, 2026).

Who sponsored SB503?

Matt Reeves (R, 99), with 8 co-sponsors.

Where is the official record for SB503?

On the Georgia Legislature website: https://www.legis.ga.gov/legislation/73184