Report from the Senate: Sen. Stone

By Sen. Jesse Stone

The 10th legislative day kicked off to a bustling start with the unanimous passage of my Senate Bill 117.  With a vote of 51-0, the Homestead Exemption passed the Senate. With so many Georgians still shouldering the financial burden of job losses and medical expenses, it is time for them to receive some hope.  SB 117 offers this hope to many families who might have otherwise lost their homes.  By increasing the exemptions qualified during the bankruptcy procedure, homeowners can retain more equity in their property.

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Legislation to Increase Bonding Authority for GAHEFA Passes the Senate

ATLANTA (February 1, 2012) – The Georgia Senate today passed SB 302 with a vote of 45 to 5, showing tremendous bipartisan support for the measure. Sponsored by Sen. Cecil Staton (R-Macon), this legislation increases the amount of bonding authority for the Georgia Higher Education Facilities Authority (GAHEFA) from $300 to $500 million.

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