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Georgia · 2025-2026 Regular Session · Bill

HB 1272: Banking and finance; licensing of payment stablecoin issuers; provisions

Enacted Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 1272 is a bill introduced in the Georgia House on February 10, 2026. According to its official title, it concerns: Banking and finance; licensing of payment stablecoin issuers; provisions. Primary sponsor: Todd Jones (Republican), Scott Hilton (Republican), Demetrius Douglas (Democratic), Bruce Williamson (Republican), Billy Mitchell (Democratic), Noel Williams (Republican). Most recent recorded action (July 1, 2026): Effective Date.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

A BILL to be entitled an Act to amend Title 7 of the Official Code of Georgia Annotated, relating to banking and finance, so as to provide for use of certain terms in the advertisement and place of business of licensed payment stablecoin issuers; to provide for licensing of payment stablecoin issuers; to provide for third-party examination or investigation; to provide for payment of certain fees and costs of examination and investigation; to provide for suspension or revocation of a license and procedures therefor; to provide for cease and desist orders; to provide for removal of certain officers and members; to provide for a short title; to provide for legislative purpose and intent; to provide for definitions; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.

Sponsors

Sponsors by party (alphabetical): Democratic 2 · Republican 4

NameRolePartyChamberDistrict
Todd JonesPrimary sponsorRepublicanHouse25
Scott HiltonPrimary sponsorRepublicanHouse48
Demetrius DouglasPrimary sponsorDemocraticHouse78
Bruce WilliamsonPrimary sponsorRepublicanHouse112
Billy MitchellPrimary sponsorDemocraticHouse88
Noel WilliamsPrimary sponsorRepublicanHouse148

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Effective Date
  2. Act 452
  3. House Date Signed by Governor
  4. House Sent to Governor
  5. Senate Passed/Adopted
  6. Senate Third Read
  7. Senate Taken from Table
  8. Senate Tabled
  9. Senate Read Second Time
  10. Senate Committee Favorably Reported
  11. Senate Read and Referred
  12. House Passed/Adopted

Showing 12 most recent of 17 actions. Full history

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source