SB 462 — Banking and Finance; duties, powers, and responsibilities relative to industrial loans from the Industrial Loans Commissioner to Department of Banking and Finance; transfer
Last action — Effective Date
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced February 28, 2020. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
HighHow often bills like it became law.
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Enacted
Current position in the legislative process.
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5 sponsors
5 primary, 0 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (2 R).
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Cleared a recorded vote
Passed 1 recorded vote so far.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
A BILL to be entitled an Act to amend Title 7 of the O.C.G.A., relating to banking and finance, so as to transfer duties, powers, responsibilities, and other authority relative to industrial loans from the Industrial Loan Commissioner to the Department of Banking and Finance; to change the name of such loans to installment loans; to revise a short title; to provide for definitions; to provide for procedures, conditions, and limitations relative to issuing installment loans; to provide for exemptions; to provide for powers and duties relative to the department; to amend the O.C.G.A., so as to conform cross-references; to provide for a purpose; to provide for related matters; to provide for applicability; to repeal conflicting laws; and for other purposes.
Bill Text
We don't have the full text on file for this bill yet.
Read SB 462 on the official Georgia source →Action History
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Effective Date
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Act 409
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Senate Date Signed by Governor
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Senate Sent to Governor
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Senate Agreed House Amend or Sub
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House Passed/Adopted By Substitute
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House Third Readers
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House Committee Favorably Reported By Substitute
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House Second Readers
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House First Readers
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Senate Passed/Adopted By Substitute
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Senate Third Read
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Senate Read Second Time
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Senate Committee Favorably Reported By Substitute
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Senate Read and Referred
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Senate Hopper
Sponsors
- Steve Gooch · Primary
- Mike Dugan · Primary
- Burt Jones · Primary
- Jeff Mullis · Primary
- John F. Kennedy · Primary
Sponsorship breakdown
Export CSV (upgrade) →5 sponsors · 0 co-sponsors · 242 not signed on
Sponsors (5)
- Steve Gooch Republican
- Mike Dugan
- Burt Jones
- Jeff Mullis
- John F. Kennedy Republican
Co-sponsors (0)
None.
Not signed on (242)
242 members have not signed on to this bill.
Show all 242 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 18 | 0 | 0 | 0 |
| Unaffiliated | 26 | 0 | 0 | 1 |
| Democrat | 10 | 0 | 0 | 1 |
| Total | 54 | 0 | 0 | 2 |
| % of votes cast | 96% | 0% | 0% | 4% |
How each member voted (56)
| Member | Party | Vote |
|---|---|---|
| ANDERSON | — | Yea |
| ANDERSON | — | Yea |
| BLACK | — | Yea |
| BURKE | — | Yea |
| BUTLER | — | Yea |
| DUGAN | — | Yea |
| HARPER | — | Yea |
| HEATH | — | Yea |
| HENSON | — | Yea |
| HILL | — | Yea |
| JACKSON | — | Yea |
| JONES | — | Yea |
| JONES | — | Yea |
| JONES II | — | Yea |
| JORDAN | — | Yea |
| KARINSHAK | — | Yea |
| LIGON, JR. | — | Yea |
| MULLIS | — | Yea |
| SEAY | — | Yea |
| STONE | — | Yea |
| TATE | — | Yea |
| THOMPSON | — | Not Voting |
| TIPPINS | — | Yea |
| UNTERMAN | — | Yea |
| WATSON | — | Yea |
| WILKINSON | — | Yea |
| WILLIAMS | — | Yea |
| David Lucas | Democrat | Yea |
| Donzella James | Democrat | Not Voting |
| Ed Harbison | Democrat | Yea |
| Elena Parent | Democrat | Yea |
| Freddie Powell Sims | Democrat | Yea |
| Gail Davenport | Democrat | Yea |
| Michael 'Doc' Rhett | Democrat | Yea |
| Nan Orrock | Democrat | Yea |
| Sally Harrell | Democrat | Yea |
| Sheikh Rahman | Democrat | Yea |
| Tanya Miller | Democrat | Yea |
| Bill Cowsert | Republican | Yea |
| Blake Tillery | Republican | Yea |
| Brandon Beach | Republican | Yea |
| Brian Strickland | Republican | Yea |
| Carden Summers | Republican | Yea |
| Charles Martin | Republican | Yea |
| Chuck Hufstetler | Republican | Yea |
| Chuck Payne | Republican | Yea |
| Frank Ginn | Republican | Yea |
| Greg Dolezal | Republican | Yea |
| John Albers | Republican | Yea |
| John F. Kennedy | Republican | Yea |
| Kay Kirkpatrick | Republican | Yea |
| Larry Walker, III | Republican | Yea |
| Marty Harbin | Republican | Yea |
| Matt Brass | Republican | Yea |
| Randy Robertson | Republican | Yea |
| Steve Gooch | Republican | Yea |
Subjects
Frequently asked questions
- What does SB 462 do?
- A BILL to be entitled an Act to amend Title 7 of the O.C.G.A., relating to banking and finance, so as to transfer duties, powers, responsibilities, and other authority relative to industrial loans from the Industrial Loan Commissioner to the Department of Banking and Finance; to change the name of such loans to installment loans; to revise a short title; to provide for definitions; to provide for procedures, conditions, and limitations relative to issuing installment loans; to provide for exemptions; to provide for powers and duties relative to the department; to amend the O.C.G.A., so as to conform cross-references; to provide for a purpose; to provide for related matters; to provide for applicability; to repeal conflicting laws; and for other purposes.
- Who sponsors SB 462?
- SB 462 is sponsored by Steve Gooch (Republican), Mike Dugan, Burt Jones, Jeff Mullis, and John F. Kennedy (Republican).
- What is the current status of SB 462?
- This bill has been enacted into law. Introduced February 28, 2020. Enacted.
- Where can I track SB 462?
- Track SB 462 free on One Click Politics — get push/email alerts when it moves.
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