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GA HB1162
Bill
Status
2/2/2026
Primary Sponsor
El-Mahdi Holly
Click for details
AI Summary
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Corporations and LLCs that own interests in three or more multifamily residences (properties with 4+ dwelling units) must report a list of those properties and their addresses to the Secretary of State as part of annual filings
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Subsidiaries of corporations and LLCs with controlling interests must also comply with the reporting requirement if they own three or more multifamily residences
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The Secretary of State must publish the reported property information on the Georgia Corporations Division website alongside the entity's business information
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When a subsidiary owns qualifying properties, the information must be published with both the subsidiary's records and the parent/controlling corporation's records
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Effective July 1, 2026, applying to all annual filings made on or after that date
Legislative Description
Corporations; require corporations and limited liability companies and their subsidiaries to provide certain information to the Secretary of State if they own a certain number of multifamily residences
Last Action
House Second Readers
2/4/2026