HB 934 Georgia House · 2025-2026 Regular Session

Banking and finance; transfer regulation of securities and commodities from Secretary of State to Department of Banking and Finance

Summary

A BILL to be entitled an Act to amend Titles 7, 10, and 45 of the Official Code of Georgia Annotated, relating to banking and finance, commerce and trade, and public officers and employees, respectively, so as to transfer the regulation of securities and commodities from the Secretary of State to the Department of Banking and Finance; to provide for an advisory board; to provide for conformity; to provide for an effective date; to repeal conflicting laws; and for other purposes.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2026

Committee Review

Floor Vote

Governor

Introduced Jan 12, 2026 Last action Feb 5, 2026

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What changed between versions

LC 62 0259/a → LC 62 0362S/hs · 3 edits

MINOR

The bill was amended to create a substitute version that reorganizes the legislative structure and significantly delays the transfer of securities and commodities regulation from the Secretary of State to the Department of Banking and Finance. The effective date for this transfer was moved from January 1, 2026, to July 1, 2026, providing an additional six-month transition period. The amendment also updates the section numbering and article structure to better align with the new timeline.

Scope change

The scope of the regulation transfer remains the same (securities and commodities), but the applicability timeline has been extended by six months.

TIMELINE

The effective date for transferring regulatory authority from the Secretary of State to the Department of Banking and Finance was changed from January 1, 2026, to July 1, 2026.

The deadline for transferring ongoing investigations from the Secretary of State to the Department of Banking and Finance was updated to match the new July 1, 2026, effective date.

TECHNICAL

The bill's internal structure was updated, changing the addition of a 'Part' to the addition of an 'Article' and updating the code section numbers to reflect the new structure.

Floor votes

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Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 5, 2026

Lower · Passed

House Committee Favorably Reported By Substitute

lower

Jan 12, 2026

Introduced

House Hopper

lower

6 primary · 0 co-sponsors