Georgia legislation · 2025-2026 Regular Session
Georgia HR1755: House Study Committee on Alternative Investments for Local Governments; create
Status: In committee, March 25, 2026
A RESOLUTION creating the House Study Committee on Alternative Investments for Local Governments; and for other purposes.
What the bill says
A resolution Creating the House Study Committee on Alternative Investments for Local Governments; and for other purposes.
From the introduced text:
A RESOLUTION Creating the House Study Committee on Alternative Investments for Local Governments; and for other purposes. WHEREAS, the public interest is served by maximum and prudent investment of idle public funds so that the need for taxes and other public revenues is decreased commensurately with the earnings on such investments; and WHEREAS, securing maximum public benefit from the deposit and investment of public funds may be achieved through a variety of sources; and WHEREAS, maximum public benefit is best obtained through improved money management and currently is being achieved through traditional local government investments, including, but not limited to, obligations of this state, obligations issued by the United States government, and obligations fully insured or guaranteed by the United States government or a United States government agency; and WHEREAS, the primary requirements of an investment in order to be considered by a local government are safety and liquidity; and H. R. 1755 LC 62 0487 WHEREAS, Code Section 36-83-8 of the Official Code of Georgia Annotated, relating to local government investment pools, permits any pooled investment fund, in addition to the local government investment pool, to be created for the collective investment of two or more local governments for investment purposes; and WHEREAS, since the creation of local government investment pools, new, alternative investments have appeared that can secure …
Sponsors
- Anderson, Victor (R, 10) · primary sponsor
- Hugh Williamson (R)
- Johnny Chastain (R, 7)
- Cannon, Chas (R, 172)
- Al Williams (D, 168)
Latest actions
- : House Committee Favorably Reported
- : House Second Readers
- : House First Readers
- : House Hopper
Common questions
- What is HR1755?
- HR1755 is a bill in the Georgia Legislature (2025-2026 Regular Session): House Study Committee on Alternative Investments for Local Governments; create.
- What does HR1755 do?
- In its own words: A resolution Creating the House Study Committee on Alternative Investments for Local Governments; and for other purposes.
- What is the status of HR1755?
- In committee as of March 25, 2026. Latest action: House Committee Favorably Reported (March 25, 2026).
- Who sponsored HR1755?
- Anderson, Victor (R, 10), with 4 co-sponsors.
- Where is the official record for HR1755?
- On the Georgia Legislature website: https://www.legis.ga.gov/legislation/74210
Source: official Georgia record. Tracked by Delilah, AI for legislation across all 50 states and Congress.