HB531
167751-1:n:04/15/2015:FC/agb LRS2015-1621 HB531 By Representatives Garrett, Faulkner, Daniels, Todd, Williams (P), Coleman-Evans, Scott, Givan, Hanes, Farley, Treadaway, Williams (JW), Ball, Rowe, Melton, Drake, Boyd, Tuggle, Sanderford, Brown, Jackson, Whorton (R), Fincher, Chesteen, Hammon, England, McMillan, Morrow, Moore (M), Beech, Buskey, Alexander, Howard, Ingram, Drummond, Warren, Clarke, Bracy and Hall RFD Financial Services Rd 1 21-APR-15 SYNOPSIS: Under existing law, deferred presentment transactions, commonly referred to as payday loans, are regulated by the State Banking Department pursuant to the Deferred Presentment Services Act. This bill would allow a customer to repay a deferred presentment transaction over a three-month period. This bill would prohibit the extension of a deferred presentment transaction. A BILL TO BE ENTITLED AN ACT To amend Sections 5-18A-2, 5-18A-12, and 5-18A-13 of the Code of Alabama 1975, relating to deferred presentment transactions; to allow a...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/HB531.htm - 13K - Match Info - Similar pages
SB110
164518-2:n:02/20/2015:LLR/agb LRS2015-368R1 SB110 By Senator Orr RFD Fiscal Responsibility and Economic Development Rd 1 03-MAR-15 SYNOPSIS: Under existing law, a license is required for any person engaged in the business of deferred presentment services. This bill would expand the licensure requirement for persons engaged in the business of deferred presentment services to include services offered by mail, telephone, Internet, mobile device application, or in person. This bill would increase the nonrefundable license fee and provide that one half of the increase would be paid to the State Banking Department and one half to the General Fund. This bill would provide that a person who attempts to evade the licensure requirement for the business of deferred presentment services would be guilty of a criminal offense and would provide penalties. This bill would further regulate the business of deferred presentment services by regulating the fees, interest, number of loans, term of a loan,...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/SB110.htm - 21K - Match Info - Similar pages
SB335
167120-1:n:04/03/2015:LLR/tj LRS2015-1347 SB335 By Senator Blackwell RFD Banking and Insurance Rd 1 07-APR-15 SYNOPSIS: Under existing law, deferred presentment transactions, commonly referred to as payday loans, are regulated by the State Banking Department pursuant to the Deferred Presentment Services Act. This bill would allow a customer to repay a deferred presentment transaction over a six-month period. This bill would prohibit the extension of a deferred presentment transaction. A BILL TO BE ENTITLED AN ACT To amend Sections 5-18A-2, 5-18A-12, and 5-18A-13 of the Code of Alabama 1975, relating to deferred presentment transactions; to allow a customer to repay a deferred presentment transaction over a six-month period; to prohibit the extension of a deferred presentment transaction; to decrease the extended repayment option from four months to three months; to allow licensees to collect a bad check fee for each bad check presented; to require each licensee to report within a...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/SB335.htm - 12K - Match Info - Similar pages
HB617
168687-1:n:05/04/2045:LLR*/th LRS2015-1860 HB617 By Representative Warren RFD Ways and Means General Fund Rd 1 05-MAY-15 SYNOPSIS: Under existing law, a person who owns or operates, or both, a motor vehicle that uses natural gas does not have to obtain an annual decal from the Liquefied Petroleum Gas Board or remit the motor fuel excise tax prescribed in Article 3A of Chapter 17 of Title 40, Code of Alabama 1975, until October 1, 2016. This bill would establish a uniform motor fuel and enforcement system for the collection of excise tax on compressed natural gas and liquefied natural gas. This bill would provide for civil and criminal penalties for a violation. Amendment 621 of the Constitution of Alabama of 1901, now appearing as Section 111.05 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, prohibits a general law whose purpose or effect would be to require a new or increased expenditure of local funds from becoming effective with regard to a local...
alisondb.legislature.state.al.us/...bleinstruments/2015rs/bills/HB617.htm - 37K - Match Info - Similar pages
HB69
164033-1:n:01/12/2015:FC/th LRS2015-66 HB69 By Representative Williams (JD) RFD Constitution, Campaigns and Elections Rd 1 03-MAR-15 SYNOPSIS: Under existing municipal election law, the mayor is required to deliver absentee election supplies to the clerk not less than 21 days prior to an election. Title 17, Code of Alabama 1975, requires specific deadlines for providing absentee election supplies in municipal elections. This bill would remove conflicting language in Title 11 in order to conform to Title 17. Under existing municipal election law, the term voting machines is used in Chapter 46 of Title 11, Code of Alabama 1975. The term voting machines in Chapter 46 generally applies to mechanical voting machines. Other election laws authorize the governing bodies of counties, municipalities, and other political subdivisions to adopt and direct the use of electronic vote counting systems. This bill would distinguish voting machines from electronic vote counting systems in municipal...
alisondb.legislature.state.al.us/...ableinstruments/2015rs/bills/HB69.htm - 13K - Match Info - Similar pages
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