# Georgia HB 586: Revenue and taxation; intangible recording tax; revise notes

Georgia HB 586, Revenue and taxation; intangible recording tax; revise notes, is a 2025-2026 Regular Session House bill sponsored by Shaw Blackmon (Republican), James Burchett (Republican), Chuck Efstration (Republican) and 3 others; status signed, last action 2025-07-01 (Effective Date); PRIA reads it as touching household money (as of 2026-10-12).

- Canonical: https://policyrisk.com/state-bill/GA-HB586-2025-2026
- 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 586
- State: Georgia
- Session: 2025-2026 Regular Session
- Title: Revenue and taxation; intangible recording tax; revise notes
- Status: signed
- Chamber: House
- Introduced: 2025-02-21
- Last action: 2025-07-01, Effective Date
- Sponsors: Shaw Blackmon (Republican), James Burchett (Republican), Chuck Efstration (Republican), Matt Hatchett (Republican), Noel Williams (Republican), Bruce Williamson (Republican)
- Cosponsors: 1
- Subjects: Ways & Means, Finance, General Bill
- Touches household money: yes
- Roll calls: 4 (417 yes, 26 no in all)
- Economic provisions PRIA read: 1

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Higher tax cutoff for property loans: benefit, low. Georgia raises the long-term cutoff for real-estate-secured notes from three years to 62 months for its intangible recording tax. A note is long-term when any principal is due more than 62 months after the note or securing instrument date. The securing document must show the note amount in words an…

## Sponsors and cosponsors

- Sponsor: Shaw Blackmon (Republican), House
- Sponsor: James Burchett (Republican), House
- Sponsor: Chuck Efstration (Republican), House
- Sponsor: Matt Hatchett (Republican), House
- Sponsor: Noel Williams (Republican), House
- Sponsor: Bruce Williamson (Republican), House
- Cosponsor: Mike Hodges (Republican), Senate

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2025-04-04 | House | Agree to Senate Substitute | pass | 161 | 0 | 11 |
| 2025-04-02 | Senate | PASSAGE BY SUBSTITUTE | pass | 55 | 1 |   |
| 2025-04-02 | Senate | MOTION TO ENGROSS: SB 214, HB 66, HB 79, HB 129, HB 134, HB 141, HB 370, HB 397, HB 445, HB 463, HB 532, HB 586, HB 652 | pass | 31 | 24 |   |
| 2025-03-06 | House | PASSAGE | pass | 170 | 1 | 3 |

## Actions (17)

- 2025-07-01: Effective Date
- 2025-05-09: House Date Signed by Governor (House)
- 2025-05-09: Act 77
- 2025-04-09: House Sent to Governor (House)
- 2025-04-04: House Agreed Senate Amend or Sub (House)
- 2025-04-02: Senate Engrossed (Senate)
- 2025-04-02: Senate Third Read (Senate)
- 2025-04-02: Senate Passed/Adopted By Substitute (Senate)
- 2025-03-18: Senate Read Second Time (Senate)
- 2025-03-13: Senate Committee Favorably Reported By Substitute (Senate)
- 2025-03-10: Senate Read and Referred (Senate)
- 2025-03-06: House Committee Favorably Reported (House)
- 2025-03-06: House Third Readers (House)
- 2025-03-06: House Passed/Adopted (House)
- 2025-02-26: House Second Readers (House)
- 2025-02-24: House First Readers (House)
- 2025-02-21: House Hopper (House)

## Bill text

- HB 586/AP* (v5): [PDF](https://www.legis.ga.gov/api/legislation/document/20252026/239315)

## 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 586/AP* (v5) (PDF)](https://www.legis.ga.gov/api/legislation/document/20252026/239315)

## 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)
- [Georgia bills](https://policyrisk.com/states/georgia/bills)
- [Georgia state hub](https://policyrisk.com/states/georgia)
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Source: PRIA, https://policyrisk.com/state-bill/GA-HB586-2025-2026 (as of 2026-10-12).