Already in a position of some influence as chairman of the state Senate Majority Caucus, Sen. William Ligon, R-St. Simons Island, received the chairmanship Tuesday of the Senate Banking and Financial Institutions Committee.
He said Tuesday evening that the committee will focus on lighter regulations.
“As you know, the banking industry has been burdened with heavy regulations from the federal level for the past few years,” Ligon said. “It is my hope that the federal government, under this new administration, will take a strong interest in easing some of the requirements of the Dodd-Frank Act.
“The Senate Banking and Financial Institutions Committee will certainly do our part to ensure that our state-level laws and regulations are not unnecessarily burdening the industry so that our banks can more readily respond to consumer needs.”
Ligon also was named vice-chairman of the Ethics and Reapportionment & Redistricting committees. He said that since the General Assembly passed a major ethics bill recently, the committee wouldn’t be looking at a heavy agenda, but would work with Secretary of State Brian Kemp and the State Ethics Commission to make minor alterations to existing election and ethics laws.
And with the federal census several years off, the Reapportionment & Redistricting Committee will handle other matters.
“Adjusting district lines does not just deal with legislative posts, but with county, city and school board districts,” Ligon said. “We will respond to such requests as needed.”
Lt. Gov. Casey Cagle congratulated Ligon on the committee chairmanship in a news release Tuesday.
“Sen. William Ligon has distinguished himself as a leader in the Senate, someone who is committed to advancing the interests of every Georgia citizen,” Cagle said in the statement. “I look forward to his work as chair of the Banking and Financial Institutions Committee and am confident Sen. Ligon will bring a great deal of insight to the legislation that comes before his committee.”
In addition to the leadership posts, Ligon was also appointed as a member of the Appropriations, Health & Human Services and Judiciary committees.
Committee assignments for the state House of Representatives were not complete late Wednesday.