SB 498 Georgia Senate · 2025-2026 Regular Session

Georgia Charter School Facilities Authority; establish

Summary

A BILL to be entitled an Act to amend Article 31B of Chapter 2 of Title 20 of the O.C.G.A., relating to charter school capital finance, so as to establish the Georgia Charter School Facilities Authority for the purpose of enabling charter schools to obtain revolving loan funds and other public financing assistance for purposes of constructing, renovating, and rehabilitating educational facilities for such schools;to amend Article 2 of Chapter 17 of Title 50 of the O.C.G.A., the "Georgia State Financing and Investment Commission Act," so as to provide for the issuance of general obligation bonds by the Georgia State Financing and Investment Commission to provide for educational facilities for charter schools; to provide for related matters; to repeal conflicting laws; and for other purposes.

Issues: ✓ Education

Bill status passed 3 of 5 stages cleared

Introduction

Feb 2026

Committee Review

Mar 2026

Senate Passage

Mar 2026

House Passage

Governor

Introduced Feb 11, 2026 Last action Mar 25, 2026

Maddy AI version diff · 2 comparisons

What changed between versions

As Passed Senate → LC 49 2821S/hss · 3 edits

MINOR

The House Appropriations Committee submitted a substitute version of SB 498, replacing the original Senate version with a new bill text. The primary substantive change is the addition of a new 'Part' to the Georgia State Financing and Investment Commission Act that establishes the Georgia School Facilities Authority, outlining its composition, duties, powers, and administrative assignment to the GSFC. This creates a new state entity to oversee educational facility rehabilitation and charter school operations.

Scope change

The bill's scope expanded from a general legislative framework to specifically establish the Georgia School Facilities Authority as a distinct entity under the GSFC, with defined responsibilities for school facility rehabilitation and charter school support.

SCOPE

Added a new Part to the Georgia State Financing and Investment Commission Act establishing the Georgia School Facilities Authority with specific duties and powers related to educational facility rehabilitation and charter school operations.

TECHNICAL

Changed bill designation from 'AS PASSED SENATE' to 'SUB' (Substitute) indicating this is a House committee substitute version rather than the original Senate version.

Updated bill tracking numbers from LC 49 2723S (SCS) to LC 49 2821S reflecting the new substitute bill number.

Floor votes · Senate Mar 4, 2026

How they voted

28–18

Passed · 2 other

Total votes 48

Mar 4, 2026

D Democratic19

18 Nay 1

94% Nay

R Republican29

28 Yea 1

96% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Mar 25, 2026

Lower · Passed

House Committee Favorably Reported By Substitute

lower

Mar 6, 2026

Upper · Passed

Senate Passed/Adopted By Substitute

upper

Mar 4, 2026

Upper · Passed

Senate Engrossed

upper

Feb 26, 2026

Upper · Passed

Senate Committee Favorably Reported By Substitute

upper

Feb 12, 2026

Committee

Senate Read and Referred

upper

Feb 11, 2026

Introduced

Senate Hopper

upper

5 primary · 0 co-sponsors