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GA HR557

GA HR557
House Study Committee on Georgia's Investment Funds; create


summary

Introduced
03/10/2025
In Committee
03/27/2025
Crossed Over
Passed
04/04/2025
Dead
Signed/Enacted/Adopted
04/04/2025

Introduced Session

2025-2026 Regular Session

Bill Summary

A RESOLUTION creating the House Study Committee on Georgia's Investment Funds; and for other purposes.

AI Summary

This resolution creates a House Study Committee on Georgia's Investment Funds comprised of five members appointed by the Speaker of the House, with two members coming from the Minority Caucus. The committee's purpose is to study conditions, needs, and issues related to investment funds in Georgia, with a focus on understanding and potentially enhancing growth capital investments. Committee members will receive standard legislative allowances for up to three days (with potential for additional days), and the committee is authorized to conduct meetings at times and places deemed necessary to effectively execute its duties. The committee is required to file a report with the House Clerk by January 14, 2026, which must be approved by a majority vote and can include recommendations or proposed legislation. The resolution notes the context of Georgia being named the best place to do business and seeking to become a top global investment capital, and references the state's 2013 creation of the Invest Georgia fund to support early-stage business investments. The study committee will be automatically abolished on December 31, 2025.

Committee Categories

Budget and Finance

Sponsors (5)

Last Action

House Passed/Adopted By Substitute (on 04/04/2025)

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