Bill
Bill > HB300
GA HB300
Professions and businesses; pawnbrokers to exclude motor vehicle certificates of title from pawn transactions; revise provisions
summary
Introduced
02/05/2025
02/05/2025
In Committee
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT To amend Titles 43 and 44 of the Official Code of Georgia Annotated, relating to professions and businesses and property, respectively, so as to revise provisions relating to pawnbrokers to exclude motor vehicle certificates of title from pawn transactions; to remove provisions stating that possession of a motor vehicle certificate of title by pawnbrokers is deemed to be possession of the motor vehicle; to remove references to pawnbrokers repossessing motor vehicles; to remove the ability of pawnbrokers to charge fees relating to registering liens on motor vehicle certificates of title and repossessing motor vehicles; to remove requirements relating to the disclosure of such fees; to revise definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.
AI Summary
This bill modifies Georgia's laws regarding pawnbrokers and motor vehicle transactions, primarily removing provisions that previously allowed pawnbrokers to handle motor vehicle certificates of title as part of pawn transactions. The legislation eliminates several specific practices, such as pawnbrokers registering liens on vehicle titles, charging storage or repossession fees for motor vehicles, and treating vehicle titles as equivalent to physical vehicles in pawn transactions. Key changes include redefining "pledged goods" to explicitly exclude motor vehicle certificates of title, removing provisions about pawnbrokers taking possession of motor vehicles, and striking language that previously allowed pawnbrokers to charge various fees related to vehicle transactions. The bill also updates definitions in multiple sections of Georgia's legal code to remove references to pawnbrokers' abilities to handle motor vehicle titles, effectively narrowing the scope of pawnbrokers' interactions with motor vehicles. These modifications appear designed to clarify and restrict pawnbrokers' involvement with vehicle-related financial transactions, potentially to prevent potential abuses or conflicts in how vehicle titles are handled in pawn scenarios.
Committee Categories
Business and Industry
Sponsors (6)
Josh Bonner (R)*,
Beth Camp (R)*,
Matt Dubnik (R)*,
Emory Dunahoo (R)*,
Joseph Gullett (R)*,
Lee Hawkins (R)*,
Last Action
House Second Readers (on 02/10/2025)
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/69974 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/231514 |
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