Georgia · 2025-2026 Regular Session · Bill
HB 1521: Ponzi Scheme Prevention Act; enact
Introduced Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1521 is a bill introduced in the Georgia House on March 6, 2026. According to its official title, it concerns: Ponzi Scheme Prevention Act; enact. Primary sponsor: Tanya Miller (Democratic), Saira Draper (Democratic), Derrick Jackson (Democratic), Lisa Campbell (Democratic), Anne Westbrook (Democratic). Most recent recorded action (March 10, 2026): House Second Readers.
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 Chapter 1 of Title 7 and Chapter 5 of Title 10 of the Official Code of Georgia Annotated, relating to financial institutions and the "Georgia Uniform Securities Act of 2008," respectively, so as to remove an exemption from securities regulation for certain financial institutions; to provide for notes as securities; to exempt certain notes as securities; to provide for a rebuttable presumption; to provide for a short title; to provide for related matters; to repeal conflicting laws; and for other purposes.
Sponsors
Sponsors by party (alphabetical): Democratic 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Tanya Miller | Primary sponsor | Democratic | House | 62 |
| Saira Draper | Primary sponsor | Democratic | House | 90 |
| Derrick Jackson | Primary sponsor | Democratic | House | 68 |
| Lisa Campbell | Primary sponsor | Democratic | House | 35 |
| Anne Westbrook | Primary sponsor | Democratic | House | 163 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- House Second Readers
- House First Readers
- House Hopper