GA HR1755

Creates a House Study Committee on Alternative Investments for Local Governments composed of seven House members appointed by the Speaker of the House

Directs the committee to study alternative investment options for local government investment pools that maintain safety and liquidity while maximizing returns on idle public funds

Current local government investments are limited to traditional options such as state obligations, U.S. government obligations, and federally insured or guaranteed instruments

Committee members may receive allowances for up to five days of meetings unless additional days are authorized, funded through House of Representatives appropriations

Committee must file a report with findings and any proposed legislation before December 1, 2026, when the committee will be abolished