HB 1348: Civil practice; compensation for receivers; provide
Last action February 24, 2026 · House Committee Favorably Reported By Substitute
A House Judiciary Committee substitute for HB 1348 would update how much Georgia courts can pay receivers who manage assets in civil cases, adding a new fee tier for larger funds and an overall 5 percent cap on total compensation.
The summaries below were written by an AI model (claude-sonnet-5) from the text of the bill and are not part of it. Quote the text, not the summary. The stored text is the Comm Sub version, the latest LegiScan holds.
In plain language
When a court appoints a receiver to take charge of a company's or person's assets during a lawsuit, Georgia law sets limits on how much that receiver and the attorney who brought the case can be paid out of the money recovered. This bill rewrites that fee schedule in O.C.G.A. § 9-8-13. It keeps the existing percentage brackets for the first $10,000 (8 percent on the first $1,000, then declining percentages), but adds a new bracket of 2 percent on amounts between $10,000 and $20,000, and 0.5 percent on anything above $20,000, replacing the old flat 2 percent on all sums over $10,000. For receivers who keep running an insolvent business, the bill caps their pay at whichever is lower: normal industry pay for that kind of work, or the same percentage schedule. It also adds a new overall cap: total compensation under this chapter cannot exceed 5 percent of the total money the receiver takes in, unless a court orders otherwise. The bill also updates pronoun language to be gender neutral.
What the bill does
- Adds a new fee tier so receivers earn 2 percent on funds between $10,000 and $20,000 and only 0.5 percent on amounts above $20,000, instead of a flat 2 percent on everything over $10,000.
- Caps compensation for a receiver who continues running an insolvent business at whichever is lower: standard industry pay or the same percentage-based commission schedule.
- Creates a new overall limit so total compensation paid to receivers and attorneys under this chapter cannot exceed 5 percent of total sums received, unless a court orders otherwise.
- Clarifies that compensation awarded to attorneys and receivers for their services cannot exceed the amounts set in the fee schedule.
- Updates the law's language from 'his' to 'his or her' when referring to a receiver.
Who it affects
The change affects court-appointed receivers who manage assets or run businesses during civil lawsuits, the attorneys who file petitions to bring those assets into court, and the creditors or parties whose funds are being distributed, since it limits how much money goes to fees before the rest is distributed.
Why it matters
By adding a 5 percent overall cap and a new lower fee tier for larger amounts, the bill would generally reduce how much of a recovered fund goes to receiver and attorney fees on bigger cases, leaving more money for the parties the fund is meant to benefit.
Key provisions
- Section 1 rewrites O.C.G.A. § 9-8-13(b) to add a new tier of 2 percent on funds between $10,000 and $20,000 and 0.5 percent on sums above $20,000.
- Section 1 revises subsection (b)(2) so a receiver continuing an insolvent business is paid the lesser of normal industry compensation or the percentage-based commission schedule.
- Section 1 adds new subsection (c) language capping attorney and receiver compensation at the amounts set out in subsection (b).
- Section 1 adds new subsection (d), an overall cap limiting total compensation under the chapter to 5 percent of total sums received unless a court orders otherwise.
- Section 2 repeals any conflicting laws.
From the bill
“Notwithstanding any provision of this Code section or other law to the contrary, in no event shall total compensation awarded under this chapter exceed 5 percent of the total sums received by the receiver unless otherwise ordered by the court.”
“2 percent of the amount above $10,000.00 and not exceeding $20,000.00, and 0.5 percent of all sums over $20,000.00”
Status timeline
- House Committee Favorably Reported By Substitute (House)
- House Second Readers (House)
- House First Readers (House)
- House Hopper (House)
Sponsors
- Tyler Smith (R, HD-018)
- Soo Hong (R, HD-103)
- Stan Gunter (R, HD-008)
- Rob Leverett (R, HD-123)
- Buddy DeLoach (R, HD-167)
Topics
- civil practice
- receivers
- court fees
- attorney compensation