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HB270
cell captive insurance companies. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections
27-31B-2, 27-31B-3, 27-31B-6, 27-31B-8, 27-31B-9, 27-31B-12, 27-31B-16, 27-31B-19, 27-31B-20,
27-31B-22, and 27-31B-24, Code of Alabama 1975, are amended to read as follows: §27-31B-2.
"As used in this chapter, the following terms shall have the following meanings, unless
the context clearly indicates otherwise: "(1) AFFILIATED COMPANY. Any company in the
same corporate system as a parent, an industrial insured, or a member organization
by virtue of common ownership, control, operation, or management. "(2) ALIEN CAPTIVE
INSURANCE COMPANY. Any insurance company formed to write insurance business for its parents
and affiliates and licensed pursuant to the laws of an alien jurisdiction which imposes statutory
or regulatory standards in a form acceptable to the commissioner on companies transacting
the business of insurance in that jurisdiction. "(3) ASSOCIATION. Any legal association
of...
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HB241
173341-1:n:02/03/2016:PMG/mfc LRS2016-274 HB241 By Representatives Pringle, South, Sessions,
Morrow, Beech, McCampbell, Williams (JD) and Greer RFD Commerce and Small Business Rd 1 16-FEB-16
SYNOPSIS: This bill would authorize public universities operating schools of medicine to form
a new type of public corporation to be called an authority. This bill would provide procedures
for the incorporation, reincorporation, and dissolution of an authority. This bill would prescribe
powers of an authority, including the power to form university affiliates, the power of eminent
domain, and the power to incur indebtedness. This bill would authorize an authority to exercise
its powers even if doing so would be deemed anticompetitive or monopolistic under federal
or state antitrust laws. This bill would authorize liens on the revenues and assets of an
authority or university affiliate. This bill would exempt an authority and university affiliate
from state taxation and exempt indebtedness issued by...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB241.htm - 53K - Match Info - Similar pages
SB385
SB385 By Senator Blackwell ENROLLED, An Act, To amend Section 5-5A-44, Code of Alabama 1975,
relating to acquisition of control of state banks; to require the application to and approval
of the Superintendent of the State Banking Department for certain conditions that constitute
acquisition of control of a certain percent of the voting securities of a state bank; and
to provide for prospective effect. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1.
Section 5-5A-44 of the Code of Alabama 1975, is amended to read as follows: §5-5A-44. "(a)
No person, acting directly or indirectly or through or in concert with one or more persons,
may acquire control any voting security of a state bank or of any corporation or other entity
owning voting securities of having control of a state bank if after the acquisition such person
would own or possess the power to vote a majority of the voting securities of such bank, unless
an application is filed with the superintendent for review of the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB385.htm - 13K - Match Info - Similar pages
HB321
174083-2:n:02/24/2016:KMS*/cj LRS2016-633R1 HB321 By Representatives Faust, Shiver, Sessions,
Gaston, Baker, McMillan, Bracy, Buskey, Pringle, Williams (JW), Wilcox, Davis, Clarke, Drummond
and Jackson RFD Insurance Rd 1 25-FEB-16 SYNOPSIS: Under existing law, all insurers authorized
and writing property insurance in the State of Alabama are required to be members of the Alabama
Insurance Underwriting Association, which was established to provide a method whereby essential
property insurance coverage would be provided in any county contiguous to the Gulf of Mexico
and Mobile Bay. This bill would create the Alabama Coastal Insurance Authority for the purpose
of providing affordable windstorm insurance for owners of insurable property in any county
contiguous to the Gulf of Mexico and Mobile Bay. This bill would provide for the selection
of the board of directors of the authority. This bill would provide for the adoption of the
plan of operation of the authority, including the process...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB321.htm - 38K - Match Info - Similar pages
SB298
174083-2:n:02/24/2016:KMS*/cj LRS2016-633R1 SB298 By Senators Hightower and Pittman RFD Banking
and Insurance Rd 1 24-FEB-16 SYNOPSIS: Under existing law, all insurers authorized and writing
property insurance in the State of Alabama are required to be members of the Alabama Insurance
Underwriting Association, which was established to provide a method whereby essential property
insurance coverage would be provided in any county contiguous to the Gulf of Mexico and Mobile
Bay. This bill would create the Alabama Coastal Insurance Authority for the purpose of providing
affordable windstorm insurance for owners of insurable property in any county contiguous to
the Gulf of Mexico and Mobile Bay. This bill would provide for the selection of the board
of directors of the authority. This bill would provide for the adoption of the plan of operation
of the authority, including the process for post-loss assessments of policyholders and assessable
insurers. This bill would authorize the sale of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB298.htm - 38K - Match Info - Similar pages
HB344
174760-1:n:02/25/2016:KMS/th LRS2016-843 HB344 By Representative Martin RFD Boards, Agencies
and Commissions Rd 1 01-MAR-16 SYNOPSIS: Under existing law, certain barbers are exempt from
regulation by the Alabama Board of Cosmetology and Barbering. This bill would rename the board
the Alabama Board of Cosmetology and would clarify that all barbers practicing barbering in
the state are exempt from regulation by the board. This bill would phase out the membership
of barbers on the board and would add an additional esthetician and manicurist to the membership
of the board. This bill would also provide for the transition of the powers and duties of
the Alabama Board of Cosmetology and Barbering to the Alabama Board of Cosmetology. A BILL
TO BE ENTITLED AN ACT To amend Sections 34-7B-1, 34-7B-2, 34-7B-6, 34-7B-7, 34-7B-13, 34-7B-26,
34-7B-27, 34-7B-28, and 34-7B-29, Code of Alabama 1975, as amended by Act 2015-406, 2015 Regular
Session, relating to the Alabama Board of Cosmetology and...
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SB129
173217-1:e:01/27/2016:EBO-BR/ebo-br SB129 By Senator Sanford RFD Finance and Taxation Education
Rd 1 03-FEB-16 SYNOPSIS: Under existing law, the Education Trust Fund Budget Stabilization
Fund and the Education Trust Fund Advancement and Technology Fund each receive transfers from
the Education Trust Fund if certain conditions are met. This bill would transfer a total of
$181,000,000 from the Education Trust Fund Budget Stabilization Fund and the Education Trust
Fund Advancement and Technology Fund to the Education Trust Fund for the fiscal year ending
September 30, 2017. A BILL TO BE ENTITLED AN ACT To transfer a total of $181,000,000 from
the Education Trust Fund Budget Stabilization Fund and the Education Trust Fund Advancement
and Technology Fund to the Education Trust Fund for the fiscal year ending September 30, 2017.
BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Notwithstanding any other provision
of law, including but not limited to any provision of the Education Trust...
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SB123
SB123 By Senator Melson ENROLLED, An Act, To make an appropriation of $169,633 from the State
General Fund to the Coalition Against Domestic Violence for the fiscal year ending September
30, 2017, to require an operations plan and an audited financial statement prior to the release
of any funds, and to require quarterly and end of year performance reports. BE IT ENACTED
BY THE LEGISLATURE OF ALABAMA: Section 1. For the fiscal year ending September 30, 2017, there
is hereby appropriated to the Coalition Against Domestic Violence from the State General Fund
the sum of $169,633. In addition, the appropriation made herein shall be budgeted and allotted
pursuant to the Budget Management Act and Article 4 of Title 41 of the Code of Alabama, 1975,
and specifically Section 41-4-93, Section 41-4-95 and Section 41-4-96. Section 2. Prior to
the release of any funds appropriated under this bill for fiscal year 2017, an operations
plan for fiscal year 2017 and an audited financial statement for...
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HB4
172261-1:e:10/07/2015:LFO-SS/bdl HB4 By Representative Sells RFD Ways and Means Education Rd
1 02-FEB-16 SYNOPSIS: This bill would increase the salaries of public education employees.
A BILL TO BE ENTITLED AN ACT Relating to the salaries of public education employees, to provide
for a revision of the State Minimum Salary Schedule to reflect pay increases of at least three
percent beginning with fiscal year 2016-17; to provide that each employee of certain boards
of education shall receive the pay increase according to placement on the appropriate salary
step; to require the appropriate increases on the State Minimum Salary Schedule; to provide
support employees with at least a three percent salary increase; to require salary schedules;
to provide the employees of certain other public educational institutions and schools with
a three percent salary increase; to provide for an across-the-board salary increase on all
two-year postsecondary institutions' salary schedules, and to establish...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB4.htm - 11K - Match Info - Similar pages
HB103
173248-2:g:01/30/2016:EBO-DHC/ebo-jk HB103 By Representative Wingo RFD Ways and Means General
Fund Rd 1 03-FEB-16 SYNOPSIS: This bill makes an appropriation of $169,633 from the State
General Fund to the Coalition Against Domestic Violence for the fiscal year ending September
30, 2017, requires an operations plan and an audited financial statement prior to the release
of any funds, and requires quarterly and end of year performance reports. A BILL TO BE ENTITLED
AN ACT To make an appropriation of $169,633 from the State General Fund to the Coalition Against
Domestic Violence for the fiscal year ending September 30, 2017, to require an operations
plan and an audited financial statement prior to the release of any funds, and to require
quarterly and end of year performance reports. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:
Section 1. For the fiscal year ending September 30, 2017, there is hereby appropriated to
the Coalition Against Domestic Violence from the State General Fund the...
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