[{"_1":2,"_100":-5,"_101":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6322567,"mediaKeyId","2347265-70469b43f12a66f4bdb954e8edd79194","parentId",2347265,"title","Senate committee advances ‘red tape rollback’ bill after debate over rulemaking authority","audioSeconds",2773,"startMs",1826000,"endMs",4599000,"viewUrl","/Search/View?dp=1&key=2347265-70469b43f12a66f4bdb954e8edd79194&start=1826&end=4599","thumbnailUrl","https://assets.pipeline.soar.com/2347265-70469b43f12a66f4bdb954e8edd79194/thumbnail_1826000.jpg","articleUrl","/articles/6322567/Georgia/Senate-committee-advances-red-tape-rollback-bill-after-debate-over-rulemaking-authority","mediaUrl","https://secure.pipeline.soar.com/6322567-8b23e2deb971b6c5b609fe99d5654c5f/orig.mp4?Expires=1770726936&Signature=Qthnk4a724FqkE~3Bn3h580aqrFBoY9MtYtCu6WGV6EUkCSTlqGpW-p8f3naZXlCFGMWY-1hFIH2Wc~DvWES2dLAg3EQS-y75L4uffhK-cAWhtYzxCmSiG2iPtgSTyTts6bS-30jPiAot4oTj6SY1QnHwg7S2UNu9GOOCht55uRtNS1MehuJzCSaplYJg4FbrNalseWMpVIKU7vklZ2ZJB2X5ebkOF9uP2lSzO3cpUYsnkHFAQSiY0Iu7bcNuZmWYDorqoD2xg7U4QPrXp2nfouS8pztGQLtAqFVkOSZyONwgajeVfNdXjG7is~wuutOQQ9IvX-log3URZ7rEhCrFA__&Key-Pair-Id=KUT5TJCACFTXG","author","Georgia State Legislature","date","2025-02-19T00:00:00Z","article","The Georgia Senate Committee on Economic Development and Tourism on the morning advanced a substitute to LC550474S, commonly called the Red Tape Rollback bill, after more than two hours of debate and public testimony. The committee approved the motion 7–4.

Senator Dolezal, identified in committee as the bill's presenter and a chief deputy whip, told members the measure is largely a carryover of last year's package and mirrors REINS‑style laws enacted in several other states. \"I bring before you, the red tape rollback bill of 2025,\" he said, and described five principal components the substitute would add to current rulemaking procedures.

Key provisions described by the presenter include:
- A small‑business impact analysis, which the bill would allow the speaker, the lieutenant governor or committee chairs to request to assess how proposed rules affect businesses identified as \"small\" under the bill.
- An economic impact analysis requirement for proposed rules that agencies reasonably expect will cost more than $1,000,000 over the first five years of implementation; the report must, when possible, estimate the number of affected individuals, businesses and local government units.
- A rule stay when a standing committee objects off session: if two‑thirds of a standing committee's voting members object to a rule when the legislature is not in session, the rule would be stayed until the General Assembly reconvenes and the objection adjudicated.
- A ratification process for major rules that trigger the economic impact analysis: such a rule would require either a two‑thirds vote of one chamber to take effect or a simple majority of both chambers plus the governor's signature.
- A four‑year agency review of existing rules (described as \"zero‑based rulemaking\") that would require agencies to justify rules in effect; agencies that reduce their rules by 10% in that review would be exempted from the new review requirement.

The substitute would also raise the employee threshold for the bill's small‑business definition from 100 to 300 employees.

Committee members asked about practical effects on agencies and local governments, how emergency rules would be handled, and how the million‑dollar threshold was determined. Senator Dolezal said emergency‑order provisions were preserved under current law and that the $1 million threshold was negotiable; he cited other states' approaches as precedent.

Representatives from outside groups testified in favor. Tony West, state director for Americans for Prosperity‑Georgia, described the measure as a \"quadrennial spring cleaning for our regulatory code.\" Kennedy Atkins of the Georgia Policy Foundation and Stephanie Zanker of the Libre Initiative also urged support, citing relief for small and Latino‑owned businesses.

Vice chairman (unnamed in the transcript) moved to advance the substitute; the motion was seconded by Senator Carden Summers. The committee recorded seven votes in favor and four opposed. The committee did not record individual roll‑call votes in the public transcript.

Supporters described the bill as a tool to reduce paperwork and compliance burdens on small businesses and to increase legislative oversight of rulemaking. Opponents cautioned the measure could broaden legislative control over administrative agencies and might impose additional hurdles for local governments and agencies to implement federally‑mandated changes.

The committee approved the substitute 7–4 and moved on to consider the data privacy bill later in the session.","mediaType","Video","parentTitle","02/19/2025 Senate Committee on Economic Development & Tourism","oneSentenceSummary","The Georgia Senate Committee on Economic Development and Tourism advanced a substitute to LC550474S — the “Red Tape Rollback” bill — after testimony and debate; the committee approved the motion 7–4.","taxTitle","2025 Legislature Georgia , Georgia","taxId",77688,"location","Georgia","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6322572,"Fintech leaders tell Georgia Senate committee Atlanta is a global payments hub",944,866000,1810000,"/Search/View?dp=1&key=2347265-70469b43f12a66f4bdb954e8edd79194&start=866&end=1810","https://assets.pipeline.soar.com/2347265-70469b43f12a66f4bdb954e8edd79194/thumbnail_866000.jpg","/articles/6322572/Georgia/Fintech-leaders-tell-Georgia-Senate-committee-Atlanta-is-a-global-payments-hub","https://secure.pipeline.soar.com/6322572-a19c462c95f8d137312e56038eed08ee/orig.mp4?Expires=1770726936&Signature=KftYNASHvllVCW9jrnffLsS9YJKCO4ZLGAM~rhCyC~XVw0FQ4ViTFpWgaSoPstlQ2K28cDC1uVYkopmJJ0ZBJKQL1atq-YsAN-85U~9nP4s0NonCyURIugzGx3R9LZ0ZSivY8wSOLsGoJCx6nUP2do13~zOkpqSSAWxrhsBFCXu17LDVYyosbLkEfaAZHnLFQ6I4rXQ04EW3CJHxj-NBDm3rVt9g~i3-qf-ir6vFyR3tUhVL7Z-tSZvgRqqyb~ydhAoe-x3By50mm-n2aDQlhilNLTjHoUxTIEdPfeMy5cQRTaVgEVv-ZkKsO7ljToB2CjTFiRInV-6qpagbySRkxQ__&Key-Pair-Id=KUT5TJCACFTXG","Executives from three fintech firms told the Georgia Senate Committee on Economic Development and Tourism on the morning the state should build on Atlanta’s concentration of payments companies to retain jobs and talent.

The panelists said Atlanta’s fintech cluster provides technology, workforce development and industry collaboration that support both large and small employers in Georgia.

John Perry, chief executive officer of Bluefin, described his company’s payment‑security work and the role of its Atlanta office. \"Bluefin is a global leader in payment security, specializing encryption and tokenization solutions that protect sensitive data and personal data from cyber threats,\" Perry said, noting Bluefin operates in 60 countries and supports more than 35,000 businesses.

Perry said Bluefin’s Atlanta engineers focus on encryption and tokenization and that the company collaborates with universities and standards groups such as the Payment Card Industry Security Standards Council.

Chris Wasserman, founder and chief recruiting officer of Wasserman Talent Solutions, urged continued investments in workforce pathways beyond four‑year degrees, telling the committee Georgia Tech, the University of Georgia and technical colleges are producing talent that employers need. \"We really are focusing on developing the career paths that may not, a 4 year degree may not be necessary, but can also add tremendous value,\" Wasserman said.

Paulette Rowe, chief executive officer of Stacks, a payments technology company, said Georgia’s concentration of fintech firms and non‑profits that support talent development influenced her decision to base major operations in the state. Rowe said the Georgia Fintech Academy, founded by a local nonprofit, has produced about 7,000 \"fintech ready\" workers since 2017 and that Stacks is considering moving its headquarters to Georgia.

Chairman Beach thanked the panel and underscored the committee’s interest in workforce and infrastructure support for fintech employers.

The panel proceeded without formal committee action; committee members asked about blockchain and stablecoins, cybersecurity staffing needs, and how to keep fintech jobs in state.

The discussion preceded two separate bills considered later in the meeting.","Executives from Bluefin, Stacks and workforce firm Wasserman told the Georgia Senate Economic Development Committee that Atlanta’s fintech ecosystem — “Transaction Alley” — supplies global payment security, talent and training that benefit local employers and small businesses.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6322562,"Senate committee unanimously advances Georgia consumer data‑privacy bill",308,4631000,4939000,"/Search/View?dp=1&key=2347265-70469b43f12a66f4bdb954e8edd79194&start=4631&end=4939","https://assets.pipeline.soar.com/2347265-70469b43f12a66f4bdb954e8edd79194/thumbnail_4631000.jpg","/articles/6322562/Georgia/Senate-committee-unanimously-advances-Georgia-consumer-dataprivacy-bill","https://secure.pipeline.soar.com/6322562-fbffd5bbe3f8113b48cc4c6bfccce5af/orig.mp4?Expires=1770726936&Signature=EAajsYjAI37P3Ry7G027E3e-sTHIFfpeoXJ~rln-PbxVxPYXmF0VnbuE~Mh-Fu1BrMJrSVOPtvgCekTsSCie7WS6z88XiKuo6XVB4vqwP3Vj5eq66Ukfb7uCxwOL~Lr8pyaFHBk76ghpu5vblv5~4osiXNXB1a-PU7LXbpSpvQKVt881qfo9QpvF0kDZ1ZMe5Iq~vKkDJpDSjQ3-pcX5oKTeiikKZOiqZbYeMaOoQz5JEHpJjfjHFDLEl2~9cq25dfkSJhd7NluVKhjCeurSDhk0Fm-xE9dAYH1hO-uOLHmzumTpatBHj6kE59KIUDA2nSti34gwXb8sx628TaDAuQ__&Key-Pair-Id=KUT5TJCACFTXG","The Georgia Senate Committee on Economic Development and Tourism voted unanimously to advance Senate Bill 111, the Georgia Consumer Data Privacy Protection Act, a comprehensive consumer privacy proposal the sponsor described as a \"pro‑Georgia version\" of state privacy laws passed elsewhere.

Senator Albers, sponsor of SB111, said the bill was developed over about 18 months with industry and legislative input and is intended to protect consumers while carving out existing federal protections. \"This is the Georgia Consumer Data Privacy Protection Act,\" Albers said, adding the measure exempts areas already covered by federal law such as health‑care data and certain financial rules and that the bill would allow consumers to opt out of profiling and targeted sales of personal data.

Albers and witnesses said the bill excludes data already covered by HIPAA, the Gramm‑Leach‑Bliley Act and Sarbanes‑Oxley and that it was modeled to be workable for Georgia businesses. Mason Rainey of the Technology Association of Georgia (TAG) testified in support, as did Dave Williams of the Metro Atlanta Chamber.

Rainey told the committee TAG and its members supported the bill as a state‑level privacy framework similar to those now in force in more than 20 other states. Williams said the Metro Atlanta Chamber supported the measure as well.

Chairman Beach noted the bill’s broad industry engagement; committee members asked a few technical questions and then moved the bill by unanimous voice vote.

No roll‑call was recorded in the transcript; the committee chair declared the measure passed by unanimous consent and the committee adjourned to other business.","The committee advanced Senate Bill 111, the Georgia Consumer Data Privacy Protection Act, a state‑level privacy measure modeled on laws passed elsewhere. The bill passed committee unanimously after supporters said it balances consumer protections with business interests and preserves existing federal privacy exemptions.","actionData","errors"]

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Senate committee advances ‘red tape rollback’ bill after debate over rulemaking authority

Fintech leaders tell Georgia Senate committee Atlanta is a global payments hub

Senate committee unanimously advances Georgia consumer data‑privacy bill