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GA HB985
Bill
Status
Passed
4/22/2024
Primary Sponsor
Charles Martin
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AI Summary
- Abolishes the Georgia Higher Education Assistance Corporation as of June 30, 2024, transferring all its outstanding obligations, liabilities, and assets to the Georgia Student Finance Authority, with transferred assets required to be used for educational purposes
- Reinstates the Private Colleges and Universities Authority by repealing the 2019 law that had eliminated it as an inactive body, following the Private Colleges and Universities Authority v. Kemp court case
- Removes references to the Georgia Higher Education Assistance Corporation and the Georgia Higher Education Loan Program from numerous licensing statutes across multiple professions (pesticide applicators, pharmacists, real estate brokers, accountants, medical professionals, insurance agents, mortgage brokers, and others), while preserving prohibitions on license denial or suspension for federal student loan defaults
- Makes conforming changes across eight titles of the Georgia Code (Titles 2, 7, 12, 20, 26, 33, 43, and 48) to eliminate obsolete cross-references to the abolished corporation and its associated loan program
- Effective date of June 30, 2024
Legislative Description
Georgia Higher Education Assistance Corporation; abolish; O.C.G.A.; remove cross-references and make conforming changes
Last Action
Effective Date 2024-06-30
4/22/2024
Committee Referrals
Higher Education2/6/2024
Higher Education1/23/2024
Full Bill Text
No bill text available