In this particular instance we may want to say exactly what the law says rather than use colloquial language...
The bill when it becomes effective will add a new Code Section, OCGA 16-11-137.
(a) Every license holder shall have his or her valid weapons carry license in his or her immediate possession at all times when carrying a weapon, or if such person is exempt from having a weapons carry license pursuant to Code Section 16-11-130 or subsection (c) of Code Section 16-11-127.1, he or she shall have proof of his or her exemption in his or her immediate possession at all times when carrying a weapon, and his or her failure to do so shall be prima-facie evidence of a violation of the applicable provision of Code Sections 16-11-126 through 16-11-127.2.
(b) A person carrying a weapon shall not be subject to detention for the sole purpose of investigating whether such person has a weapons carry license.
(c) A person convicted of a violation of this Code section shall be fined not more than $10.00 if he or she produces in court his or her weapons carry license, provided that it was valid at the time of his or her arrest, or produces proof of his or her exemption.
An officer is still free to inquire as to why you are exercising your rights to carry, but he may not detain you solely for that purpose. If he stops a person for spitting on the sidewalk, he may ask about firearms in his efforts to find some illegality to take action against. He can also ask about it in the the course of a consensual encounter (which one is free to ignore) but he lacks authority to demand its display.
Essentially what this does is bring licensing for weapons carry (GWL) closely into line with licensing for driving (GDL).
In both instances a license must be carried when performing a licensed activity
In both instances failure to have the license in one's possession is a $10 fine, waived if said license is produced in court.
In both instances an officer is prohibited from stopping someone performing the licensed activity solely to ascertain possession of a license.
One glaring difference, OCGA 40-5-29 mandates that a GDL be displayed upon request of an officer (or face the $10 fine) whereas OCGA 16-11-137 contains no such authority to demand the display of a GWL. (And I'd take the ticket just for the pleasure of having Officer Friendly show up in court just to have me produce it and walk away scot free.)