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No, late fees are governed by the lease contract itself. So if the lease doesn't mandate late fees, the landlord can't impose them. Georgia state law does not cover late rent fees. If your lease or rental agreement does not say anything about late fees, your landlord may not impose one, no matter how reasonable it is.
If you are under a fixed term lease agreement, then it can't be changed until it expires. If you are month to month, then the landlord can make changes with a 30 day written notice prior to them becoming effective.
As an aside, in addition to being an attorney, I have also been a landlord for over 26 years...