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House · Passed · 2025-2026 Regular Session

HR 557: House Study Committee on Georgia's Investment Funds; create

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

A Georgia House resolution creates a five-member study committee to examine the state's investment funds, including the Invest Georgia fund, and recommend possible legislation by early 2026.

Read the full resolution text

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The summaries below were written by an AI model (claude-sonnet-5) from the text of the resolution and are not part of it. Quote the text, not the summary. The stored text is the Comm Sub version, the latest the General Assembly's website lists.

In plain language

This resolution sets up the House Study Committee on Georgia's Investment Funds, a temporary panel of five House members appointed by the Speaker, with two coming from the Minority Caucus. The Speaker also names the chairperson. The committee's job is to study conditions, needs, and issues related to Georgia's investment climate, including the Invest Georgia fund created in 2013 to boost early-stage business investment, and to recommend any action or legislation it thinks is needed. Members get standard legislative per diem and travel allowances under O.C.G.A. § 28-1-8, capped at three paid days unless more are approved, funded through the House's existing budget. The committee must file any report with the Clerk of the House by January 14, 2026, and it automatically ends on December 31, 2025.

What the bill does

  • Creates the House Study Committee on Georgia's Investment Funds, made up of five House members appointed by the Speaker, with two from the Minority Caucus.
  • Directs the committee to study issues around investment capital in Georgia, including the Invest Georgia fund, and recommend legislation if needed.
  • Lets the chairperson call and schedule meetings as needed to carry out the study.
  • Pays legislative members the standard allowances under O.C.G.A. § 28-1-8, limited to three days unless more are authorized, using House funds.
  • Sets a reporting deadline of January 14, 2026 and dissolves the committee on December 31, 2025.

Who it affects

Members of the Georgia House of Representatives who serve on the committee, House leadership involved in appointments, and indirectly the business and investment community whose access to capital, including funds like Invest Georgia, the committee will study.

Why it matters

The resolution does not change any law itself, but it sets in motion a formal review of Georgia's investment funding tools that could lead to future legislation affecting how the state supports business investment and capital growth.

Key provisions

  • Paragraph (1) creates the House Study Committee on Georgia's Investment Funds.
  • Paragraph (2) sets committee membership at five House members appointed by the Speaker, with two from the Minority Caucus, and lets the Speaker pick the chairperson.
  • Paragraph (3) charges the committee with studying investment-related conditions and recommending action or legislation.
  • Paragraph (5) provides legislative per diem allowances under O.C.G.A. § 28-1-8, capped at three days absent added authorization, funded by the House.
  • Paragraph (6) requires any approved report 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 undertake a study of the conditions, needs, issues, and problems mentioned above or related thereto and recommend any action or legislation which the committee deems necessary or appropriate.”

This is the core mission given to the new study committee.

“The report shall be filed with the Clerk of the House of Representatives by January 14, 2026.”

Sets the deadline for the committee to submit its findings.

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-95)Primary sponsor
  • Scott Holcomb (D, HD-101)
  • Todd Jones (R, HD-25)
  • Stacey Evans (D, HD-57)
  • Ron Stephens (R, HD-164)

Votes

  1. PassedHouse voteApril 4, 2025

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

    Uncontested House Resolutions: House Vote #444

Topics

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

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Answers come from this document. Not legal advice.

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