2025-2026 Regular SessionGeorgia Legislature

HB576: Commerce and trade; require that the processing of transactions initiated by users of peer-to-peer payment platforms by delayed

Legislative Summary

A BILL to be entitled an Act to amend Part 2 of Article 15 of Chapter 1 of Title 10 of the Official Code of Georgia Annotated, relating to the "Fair Business Practices Act of 1975," so as to require that the processing of transactions initiated by users of peer-to-peer payment platforms be delayed; to provide for the cancellation of such transactions during such delay period; to provide for penalties; to provide definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.

Demographic Impact

Overall analysis of equity impact

Neutral
Low Confidence

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Bill History

2/21/2025
House Hopper
House of Representatives
2/21/2025
House First Readers
House of Representatives
2/24/2025
House Second Readers
House of Representatives
2/27/2025
House Committee Favorably Reported
House of Representatives
4/4/2025
House Withdrawn, Recommitted
House of Representatives

Status Information

Current Status
Introduced(2/21/2025)
Chamber
House of Representatives

Documents

Introduced
Bill Text2/22/202571.3 KB