House Bill 110, introduced in the Georgia House on January 28, 2025, aims to bolster protections for military personnel and their families in the pawnbroker industry. The bill specifically prohibits pawnbrokers from engaging in title pawn transactions with "covered borrowers," a term defined in federal regulations to include active-duty military members and their dependents.

This legislative move comes amid growing concerns about predatory lending practices that disproportionately affect service members, who often face unique financial challenges. By restricting pawnbrokers from conducting title pawn transactions with these individuals, the bill seeks to prevent potential exploitation and ensure that military families are not unduly burdened by high-interest loans secured against their vehicles.

The bill has sparked discussions among lawmakers, with supporters emphasizing the need for enhanced consumer protections for those who serve the country. Critics, however, argue that such restrictions could limit access to credit options for military families in urgent need of financial assistance.

As the bill progresses through the legislative process, its implications could resonate beyond the pawnbroker industry, potentially influencing broader discussions on financial regulations and protections for vulnerable populations. If passed, House Bill 110 could set a precedent for similar measures in other states, reflecting a growing recognition of the need to safeguard military families from exploitative lending practices.