January 30, 2002 News Feed 
 
(Please feel free to personalize) 
 
Greetings, this is Rep. _____________. 
 
Only one measure reached the House floor today. SB 177 dealt with brokers 
 
and companies who sell insurance for special events such as auto races, tractor 
 
pulls and the like. The plan, which passed by a vote of 166-2, required such 
 
entities to have a minimum of $3 million in capital and surplus, and to be approved 
 
by the Insurance Commissioner's Office as institutions of `character, 
 
trustworthiness and financial integrity. Furthermore, SB 177 allows such insurers 
 
a ten day window to request a hearing following the denial of a rate increase 
 
request. 
 
The House also voted 133-17 to reconsider their action in failing to give HR 
 
391 the required 120 votes necessary for passage. HR 391-- which deals with 
 
local governments authority to use ad valorem tax adjustment as an incentive to 
 
persuade owners to repair their blighted properties-- now goes back onto the 
 
general calendar, and will be available for consideration tomorrow. 
 
A number of bills are still working their way through the committee 
 
process. The 180 member Georgia House is broken down into thirty-two standing 
 
committees which review, by subject area, thousands of bills and resolutions 
 
proposed each year aimed to amend Georgia statute. Without this process, 
 
legislators would be literally overwhelmed with mountains of legislative proposals 
 
and all related information. 
 
Reporting from your state capitol this is Rep._________. If you have any 
 
questions or comments please do not hesitate to call me at (404) 656 ( 
 
).