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GA HB1263
GA HB1263Insurance; premiums made within three years of payment to the Commissioner; provide for a claim for a refund of certain fees and taxes
summary
Introduced
02/10/2026
02/10/2026
In Committee
02/19/2026
02/19/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 Regular Session
Bill Summary
AN ACT To amend Chapter 8 of Title 33 of the Official Code of Georgia Annotated, relating to fees and taxes regarding insurance, so as to provide for a claim for a refund of certain fees and taxes relative to insurance premiums to be made within three years of payment to the Commissioner; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
AI Summary
This bill amends existing Georgia law concerning insurance fees and taxes, specifically by adding a provision that allows insurance companies to claim a refund for any fees or taxes mistakenly or illegally paid to the Commissioner (the state official overseeing insurance matters) within three years of the payment date. This change is intended to provide a clearer timeframe for insurers to seek reimbursement for overpaid or incorrectly assessed amounts, and it will take effect on January 1, 2027, applying to all tax years starting on or after that date.
Committee Categories
Business and Industry
Sponsors (6)
Bill Fincher (R)*,
Matthew Gambill (R)*,
Eddie Lumsden (R)*,
Matt Reeves (R)*,
Darlene Taylor (R)*,
Bruce Williamson (R)*,
Last Action
House Committee Favorably Reported (on 02/19/2026)
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/73056 |
| BillText | https://www.legis.ga.gov/api/legislation/document/20252026/242151 |
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