State Issues
Session Begins For Georgia’s General Assembly
January 25, 2024
January not only means the beginning of a new year but also the beginning of Georgia’s annual legislative session. The 2024 session began on January 8, and this year is the second year of the Georgia General Assembly’s latest cycle. Since Georgia’s legislative sessions are two-year cycles, bills introduced in the first year that fail to pass through either chamber will be up for consideration in the next legislative session. If a bill is not signed by the Governor by the end of the second year, it must be refiled during the next session.
The Governor also released his administration’s priorities, which included continued support for workforce housing. “Expanding workforce housing - affordable housing for working families making between 60% and 120% of area median income - will continue to be a priority,” Kemp said.
Building on the $37.5 million allocated to the Workforce Housing Fund last session, “This year, I’m proposing an additional $50 million in the amended 2024 budget and $6 million in base funding for the Fiscal Year 2025 budget that will go to this fund, ensuring these types of strategic investments continue.”
Details regarding this and other priorities are outlined in the Governor’s budget.
About the GRBOR Market Brief
The Greater Rome Board of REALTORS® (GRBOR) Market Brief is compiled by Georgia Multiple Listing Service (GAMLS).For more information on details of this month's report, please contact the Board at 404.845.4025.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Greater Rome Board of REALTORS®
The Greater Rome Board of REALTORS® (GRBOR) has been an instrumental factor in the growth of real estate in Floyd County, Georgia for more than a decade. GRBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.
About Georgia Multiple Listing Service
Since 1962 Georgia MLS has been providing real estate professionals with exceptional service, proven technology solutions, and unmatched value. With a laser-sharp focus on making the day-to-day tasks of our MLS subscribers more functional, more productive, and more profitable, we continue to implement the service blueprint that has led to our continued growth. For additional information or to start a discussion about how to partner with GAMLS please contact georgiamls@gamls.com.