HB 606

Georgia House bill in Session 1033.

Status: in_committee. Latest action: February 27, 2025.

FAIR Plan Stabilization Act; enact.

Bill ID GA-1033-HB-606
Session 1033
Status in_committee
Committee Insurance
House in_committee 2025-02-27
Summary

A BILL to be entitled an Act to amend Chapter 33 of Title 33 of the Official Code of Georgia Annotated, relating to fair access to insurance requirements, so as to authorize the directors of the underwriting association affiliated with the Fair Access to Insurance Requirements (FAIR) Plan to, subject to the Commissioner's approval, redistribute risks to insurers in the plan on a more equitable basis; to provide for a short title; to provide legislative findings; to provide for an effective date; to provide for related matters; to repeal conflicting laws; and for other purposes.

Sponsor
Lim, Marvin
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-24 Introduced Bill introduced
2025-02-27 Status in_committee
2025-02-27 Latest Action House Second Readers
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