summary
Introduced
02/01/2024
02/01/2024
In Committee
03/14/2024
03/14/2024
Crossed Over
02/22/2024
02/22/2024
Passed
04/02/2024
04/02/2024
Dead
Signed/Enacted/Adopted
04/22/2024
04/22/2024
Introduced Session
2023-2024 Regular Session
Bill Summary
AN ACT To amend Title 33 of the Official Code of Georgia Annotated, relating to insurance, so as to enact the "Data Analysis for Tort Reform Act"; to provide for definitions; to provide for applicability; to provide for data collection from certain insurers, insurance rating organizations, and state agencies; to provide for confidentiality; to provide for data analysis; to provide for reports; to provide for automatic repeal; to provide for related matters; to provide for a short title; to provide for legislative findings; to provide for an effective date; to repeal conflicting laws; and for other purposes.
AI Summary
This bill, the "Data Analysis for Tort Reform Act," requires the Georgia Insurance Commissioner to collect data from insurers, insurance rating organizations, and state agencies on tort claims and tort-related insurance risks. The goal is to provide the state legislature with comprehensive analysis and recommendations for potential tort reform legislation that could stabilize or reduce insured risk without unnecessarily impeding plaintiffs from recovering just compensation. The bill provides for confidentiality of the collected data and requires the Commissioner to submit initial and subsequent reports on the findings by November 2024 and November 2029, respectively. The bill stands repealed in its entirety on January 1, 2030.
Committee Categories
Business and Industry
Sponsors (7)
Matthew Gambill (R)*,
Scott Hilton (R)*,
Soo Hong (R)*,
Todd Jones (R)*,
Lauren McDonald (R)*,
Will Wade (R)*,
John Kennedy (R),
Last Action
Effective Date 2024-04-22 (on 04/22/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.ga.gov/legislation/66622 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20232024/228872 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20232024/222751 |
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