# Georgia HB 1024: Property; debtor's aggregate interest in real property or personal property used as a residence; revise exemption

Georgia HB 1024, Property; debtor's aggregate interest in real property or personal property used as a residence; revise exemption, is a 2025-2026 Regular Session House bill sponsored by Soo Hong (Republican), Rob Leverett (Republican), Matt Reeves (Republican); status signed, last action 2026-07-01 (Effective Date); PRIA reads it as touching household money (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/GA-HB1024-2025-2026
- As of: 2026-10-12
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Georgia HB 1024
- State: Georgia
- Session: 2025-2026 Regular Session
- Title: Property; debtor's aggregate interest in real property or personal property used as a residence; revise exemption
- Status: signed
- Chamber: House
- Introduced: 2026-01-27
- Last action: 2026-07-01, Effective Date
- Sponsors: Soo Hong (Republican), Rob Leverett (Republican), Matt Reeves (Republican)
- Cosponsors: 1
- Subjects: Judiciary, Banking and Financial Institutions, General Bill
- Touches household money: yes
- Roll calls: 2 (221 yes, 0 no in all)
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Georgia debtors get more property protection: benefit, high. Georgia raises the amount of a debtor’s qualifying property interest protected from creditors from $21,500 to $50,000. This applies in bankruptcy and when settling estates without a will that cannot pay their debts. Covered property includes real or personal property used as a home by the debtor or…

## Sponsors and cosponsors

- Sponsor: Soo Hong (Republican), House
- Sponsor: Rob Leverett (Republican), House
- Sponsor: Matt Reeves (Republican), House
- Cosponsor: Marty Harbin (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-03-23 | Senate | PASSAGE | pass | 51 | 0 | 2 |
| 2026-02-25 | House | PASSAGE | pass | 170 | 0 | 5 |

## Actions (17)

- 2026-07-01: Effective Date
- 2026-05-11: House Date Signed by Governor (House)
- 2026-05-11: Act 480
- 2026-04-06: House Sent to Governor (House)
- 2026-03-23: Senate Third Read (Senate)
- 2026-03-23: Senate Passed/Adopted (Senate)
- 2026-03-19: Senate Read Second Time (Senate)
- 2026-03-18: Senate Committee Favorably Reported (Senate)
- 2026-02-26: Senate Read and Referred (Senate)
- 2026-02-25: House Third Readers (House)
- 2026-02-25: House Passed/Adopted By Substitute (House)
- 2026-02-19: House Committee Favorably Reported By Substitute (House)
- 2026-02-11: House Withdrawn, Recommitted (House)
- 2026-02-10: House Committee Favorably Reported (House)
- 2026-01-29: House Second Readers (House)
- 2026-01-28: House First Readers (House)
- 2026-01-27: House Hopper (House)

## Bill text

- HB 1024/AP* (v6): [PDF](https://www.legis.ga.gov/api/legislation/document/20252026/247118)

## Related bills

- SB 160: Reckless Stunt Driving; a motor vehicle involved in a second offense of reckless stunt driving; replace the forfeiture penalty (signed)
- SB 384: Motor Vehicle; optional five-year motor vehicle registration and revalidation for certain motor vehicles; provide (signed)
- SB 76: License Plates; specialty license plate benefitting the Georgia Veterans Service Foundation; establish (signed)
- SB 406: "Georgia Property Owners' Bill of Rights Act"; enact (signed)
- HB 1391: Specialty license plates; honor public safety officers; establish (signed)
- HB 1344: Georgia Insurance Affordability and Claims Integrity Act; enact (signed)

## Sources
- [HB 1024/AP* (v6) (PDF)](https://www.legis.ga.gov/api/legislation/document/20252026/247118)

## Related
- [SB 160: Reckless Stunt Driving; a motor vehicle involved in a second offense of reckles…](https://policyrisk.com/state-bill/GA-SB160-2025-2026)
- [SB 384: Motor Vehicle; optional five-year motor vehicle registration and revalidation f…](https://policyrisk.com/state-bill/GA-SB384-2025-2026)
- [SB 76: License Plates; specialty license plate benefitting the Georgia Veterans Servic…](https://policyrisk.com/state-bill/GA-SB76-2025-2026)
- [SB 406: "Georgia Property Owners' Bill of Rights Act"; enact](https://policyrisk.com/state-bill/GA-SB406-2025-2026)
- [HB 1391: Specialty license plates; honor public safety officers; establish](https://policyrisk.com/state-bill/GA-HB1391-2025-2026)
- [HB 1344: Georgia Insurance Affordability and Claims Integrity Act; enact](https://policyrisk.com/state-bill/GA-HB1344-2025-2026)
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Source: PRIA, https://policyrisk.com/state-bill/GA-HB1024-2025-2026 (as of 2026-10-12).