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HB1058 • 2025

Insurance; authorize tax-exempt organizations to be beneficiaries of employee group life insurance policies

Insurance; authorize tax-exempt organizations to be beneficiaries of employee group life insurance policies

Labor Taxes
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Buckner, Debbie
Last action
2026-02-24
Official status
House Committee Favorably Reported By Substitute
Effective date
Not listed

Plain English Breakdown

The provided bill text excerpt was unreadable (binary/PDF data), so verification relied solely on the Bill Title, Catch Title, and Official Summary.

Allowing Tax-Exempt Groups to Receive Life Insurance Benefits

This bill changes Georgia law so that tax-exempt organizations can be named as beneficiaries of employee group life insurance policies.

What This Bill Does

  • Amends Chapter 27 of Title 33 of the Official Code of Georgia Annotated regarding group life insurance rules.
  • Authorizes tax-exempt organizations to serve as beneficiaries on employee group life insurance policies.

Bill History

  1. 2026-02-24 Georgia General Assembly

    House Committee Favorably Reported By Substitute

Official Summary Text

Insurance; authorize tax-exempt organizations to be beneficiaries of employee group life insurance policies