Georgia CommonsSB 503: Insurance; rental home marketplace guarantees from the definition of property insurance; exempt
Enrolled version, the latest LegiScan holds · Last action May 11, 2026 · Passed
The text as LegiScan holds it, read from the PDF the legislature publishes with its margin line numbers, running heads, and page footers removed. Line breaks are joined into paragraphs here; no word is changed.
Underlined words are what the bill adds to current law and struck-through words are what it removes, as the printed bill shows them.
Senate Bill 503
By: Senators Harbin of the 16th, Walker III of the 20th, Anavitarte of the 31st, Robertson of the 29th, Still of the 48th and others
AS PASSED
A BILL TO BE ENTITLED
AN ACT
To amend Chapter 24 of Title 33 of the Official Code of Georgia Annotated, relating to insurance generally, so as to require health benefit plans, policies, or contracts executed by the state to cover medically necessary orthotic devices and prosthetic devices and their materials and components; to revise a definition; to provide for related matters; to provide for contingent effectiveness upon appropriation of funds; to repeal conflicting laws; and for other purposes.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION 1.
Chapter 24 of Title 33 of the Official Code of Georgia Annotated, relating to insurance generally, is amended in Code Section 33-24-59.35, relating to required coverage orthotic devices and prosthetic devices, reporting, and regulation, by revising paragraph (3) of subsection (a) as follows:
"(3) 'Health benefit policy' means any individual or group plan, policy, or contract for healthcare services issued, delivered, issued for delivery, or renewed in this state by an insurer that provides major medical benefits. On or after January 1, 2027, such Such term shall not include any plans, policies, or contracts executed by the state to provide healthcare coverage on behalf of state employees, public school teachers and employees, and members and employees of the Board of Regents and their retirees and dependents under Article 1 of Chapter 18 of Title 45, and shall not apply to the provision of healthcare services pursuant to a contract entered into by an insurer and the Department of Community Health for recipients of Medicaid. Such term shall not include self-funded, employer sponsored health insurance plans subject to the exclusive jurisdiction of the federal Employee Retirement Income Security Act of 1974, as codified and amended at 29 U.S.C. Section 1001, et seq."
SECTION 2.
(a) This Act shall become effective only if funds are specifically appropriated for purposes of this Act in an appropriations Act enacted by the General Assembly.
(b) If funds are so appropriated, then this Act shall become effective on the later of:
(1) The date on which such appropriations Act becomes effective; or
(2) The beginning date of the fiscal year for which such appropriations are made.
SECTION 3.
All laws and parts of laws in conflict with this Act are repealed.