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GA HR29

GA HR29
General Assembly; appropriation of funds received from certain legal judgments or settlements; provide - CA


summary

Introduced
01/15/2025
In Committee
02/27/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

A RESOLUTION proposing an amendment to the Constitution so as to provide for the appropriation of funds received from certain legal judgments or settlements; to revise the disposition of excess, changed, or unanticipated federal funding allocated to the state; to provide for related matters; to provide for the submission of this amendment for ratification or rejection; and for other purposes.

AI Summary

This resolution proposes an amendment to the Georgia State Constitution that would modify how certain legal judgment and federal funding proceeds are appropriated. Specifically, the resolution requires the General Assembly to appropriate all moneys derived from legal judgments awarded to the state and legal settlements entered into on or after January 1, 2027. For federal funds that exceed $10 million or are changed or unanticipated, the General Assembly must continually appropriate these funds through prescribed methods or hold them in the state treasury for future appropriation through supplementary appropriations acts. The resolution mandates that these changes will be submitted to voters for ratification, with the ballot asking voters to approve a constitutional amendment ensuring that proceeds from legal judgments or settlements and unanticipated federal funding changes over $10 million are appropriated by the General Assembly. If ratified, this amendment would provide more legislative oversight and control over unexpected or substantial financial windfalls received by the state, giving the General Assembly a more direct role in determining how such funds are allocated.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

House Withdrawn, Recommitted (on 04/04/2025)

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