GOVERNOR KEMP SIGNS TORT REFORM – A WIN FOR GEORGIA’S ECONOMY!

February 17, 2025

The Albany-Dougherty Economic Development Commission is thrilled to share some significant news for businesses in our community and across the state. Governor Brian Kemp has signed into law a landmark tort reform bill that promises to strengthen Georgia's business environment and drive economic prosperity!

Why is Tort Reform Important?

Tort reform addresses issues within the civil justice system, making it fairer and more efficient. This recent legislation focuses on key areas, including:

• Combating Frivolous Lawsuits: Reducing the prevalence of excessive and unsubstantiated lawsuits will create a more predictable legal environment, lowering costs for businesses.
• Promoting Fair Compensation: The reform aim to ensure that injured parties receive fair compensation while discouraging inflated damages that drive up costs for everyone.

Attracting New Businesses and Investment: A stable and predictable legal environment is a major factor for businesses considering relocating or expanding, directly translating into jobs and growth for Albany-Dougherty.

• Supporting Job Creation: When businesses are freed from the burden of excessive litigation costs, they can invest more in hiring employees and expanding their operations.

How the Albany-Dougherty EDC is Working for You: We're dedicated to fostering a business-friendly climate that allows local businesses to thrive. We actively advocate for policies, like this tort reform bill, that support economic development and encourage investment in our community. We believe this legislation is a significant step forward for Georgia's economy, and we're excited about the opportunities it creates for Albany-Dougherty.