Georgia · 2025-2026 Regular Session · Bill
HB 555: Georgians First Residential Property Protection Act; enact
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 555 is a bill introduced in the Georgia House on February 20, 2025. According to its official title, it concerns: Georgians First Residential Property Protection Act; enact. Primary sponsor: Derrick McCollum (Republican), Martin Momtahan (Republican), Joseph Gullett (Republican), Chuck Efstration (Republican), Spencer Frye (Democratic), Tyler Smith (Republican). Most recent recorded action (April 4, 2025): House Withdrawn, Recommitted.
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 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.
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Republican 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Derrick McCollum | Primary sponsor | Republican | House | 30 |
| Martin Momtahan | Primary sponsor | Republican | House | 17 |
| Joseph Gullett | Primary sponsor | Republican | House | 19 |
| Chuck Efstration | Primary sponsor | Republican | House | 104 |
| Spencer Frye | Primary sponsor | Democratic | House | 122 |
| Tyler Smith | Primary sponsor | Republican | House | 18 |
“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- House Withdrawn, Recommitted
- House Committee Favorably Reported By Substitute
- House Second Readers
- House First Readers
- House Hopper