Georgia Commons

House · Passed · 2025-2026 Regular Session

HR557: HR557 House Study Committee on Georgia's Investment Funds; create

Last action April 4, 2025 · House Passed/Adopted By Substitute

A House resolution creates the House Study Committee on Georgia's Investment Funds, a five-member panel to study ways to grow investment capital in the state and recommend possible legislation.

In plain language

This resolution sets up a temporary study committee in the Georgia House of Representatives focused on the state's investment funds, including programs like the Invest Georgia fund created in 2013 to boost early-stage business investment. The committee will have five House members appointed by the Speaker, with two coming from the minority caucus, and the Speaker will name one member as chairperson. The committee can meet as needed, and its legislative members can collect the standard daily allowances under Georgia law (O.C.G.A. § 28-1-8), paid for out of House funds, for up to three days unless more are approved. Any findings or recommended legislation must be filed with the Clerk of the House by January 14, 2026. The committee automatically ends, or is abolished, on December 31, 2025.

What the bill does

  • Establishes the House Study Committee on Georgia's Investment Funds, made up of five House members appointed by the Speaker.
  • Directs the committee to study conditions and issues around growth capital investment in Georgia and recommend possible legislation.
  • Sets member pay using the standard legislative allowance under O.C.G.A. § 28-1-8, capped at three days unless extra days are approved.
  • Funds the committee's work from money already appropriated to the House of Representatives.
  • Requires any approved findings or legislative recommendations to be filed with the Clerk of the House by January 14, 2026.
  • Automatically dissolves the committee on December 31, 2025.

Who it affects

This mainly affects members of the Georgia House of Representatives who will serve on or lead the committee, House administrative staff who support its meetings and filings, and indirectly the business and investment community whose interests the committee will study.

Why it matters

The resolution does not change any law itself, but it sets up a formal process for House members to examine Georgia's investment programs, such as Invest Georgia, and decide whether to propose new legislation. Any real-world impact would depend on what the committee recommends before it disbands.

Key provisions

  • Paragraph (1) creates the House Study Committee on Georgia's Investment Funds.
  • Paragraph (2) sets membership at five House members appointed by the Speaker, with two from the Minority Caucus, and lets the Speaker pick the chairperson.
  • Paragraph (3) directs the committee to study investment-related conditions and issues and recommend action or legislation.
  • Paragraph (5) authorizes standard legislative allowances (O.C.G.A. § 28-1-8) for up to three days, funded through House appropriations.
  • Paragraph (6) requires any approved report or legislative recommendations to be filed with the Clerk of the House by January 14, 2026.
  • Paragraph (7) abolishes the committee on December 31, 2025.

From the bill

The committee shall stand abolished on December 31, 2025.

Sets the date the committee automatically ends.

Status timeline

  1. 2025-04-04House Passed/Adopted By Substitute (House)
  2. 2025-04-04House Third Readers (House)
  3. 2025-03-27House Committee Favorably Reported By Substitute (House)
  4. 2025-03-13House Second Readers (House)
  5. 2025-03-11House First Readers (House)
  6. 2025-03-10House Hopper (House)

Sponsors

  • Dar'shun Kendrick (D, HD-095)Primary sponsor
  • Scott Holcomb (D, HD-101)
  • Todd Jones (R, HD-025)
  • Stacey Evans (D, HD-057)
  • Ron Stephens (R, HD-164)

Votes

  1. PassedHouse voteApril 4, 2025

    166 yea, 0 nay (5 not voting, 9 absent)

    Uncontested House Resolutions: House Vote #444

Topics

  • investment funds
  • economic development
  • legislative study committee
  • Invest Georgia
  • business investment

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HR557: HR557 House Study Committee on Georgia's Investment Funds; create | Georgia Commons