2025-2026 Regular SessionGeorgia Legislature

HB555: Georgians First Residential Property Protection Act; enact

Legislative Summary

A BILL to be entitled an Act to amend Chapter 3 of Title 44 of the Official Code of Georgia Annotated, relating to regulation of specialized land transactions, so as to prohibit business enterprises from owning an interest in more than 2,000 single-family residential properties or ten multifamily residential properties; to provide for the forfeiture of rental payments paid in connection with an unlawful lease of residential property; to provide a private cause of action for the return of rental payments paid in connection with an unlawful lease of residential property; to provide for the disclosure of information by brokers; to provide an effective date; to provide a short title; to provide for related matters; to repeal conflicting laws; and for other purposes.

Demographic Impact

Overall analysis of equity impact

Neutral
Medium ConfidenceView detailed demographic breakdown ↓

Unlock Full Demographic Insights

Go beyond the overall score.

Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.

Enable full analysis features for your organization.

Contact Sales to Learn More

Or email us directly at sales@legiequity.us.

Bill History

2/20/2025
House Hopper
House of Representatives
2/21/2025
House First Readers
House of Representatives
2/24/2025
House Second Readers
House of Representatives
3/4/2025
House Committee Favorably Reported By Substitute
House of Representatives
4/4/2025
House Withdrawn, Recommitted
House of Representatives

Status Information

Current Status
Introduced(2/20/2025)
Chamber
House of Representatives

Documents

Comm Sub
Bill Text3/4/202596.0 KB
Introduced
Bill Text2/21/202596.7 KB