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 PCBR Market Brief
The Pickens County Board of REALTORS® (PCBR) Market Brief is compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Board at 770.866.1397.
*Each month, the numbers reported for the previous month are updated to reflect additional recordings.
About the Pickens County Board of REALTORS®
The Pickens County Board serves as a central source of information for our members and our main focus are real estate education, the promotion of professionalism in our industry and representing our REALTOR® members with legislative initiatives to create positive change for the real estate community. Throughout its history, the Pickens County Board has exerted its influence in civic affairs in its capacity of representing a substantial segment of the business community across the Pickens area. The Board has contributed to various charities over the years by hosting fundraisers.
About First Multiple Listing Service
First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers. Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers. For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.