SB330
175097-1:n:03/07/2016:PMG/th LRS2016-916 SB330 By Senator Ward RFD Banking and Insurance Rd 1 08-MAR-16 SYNOPSIS: Under existing law, lenders of $1,000 or less are licensed and regulated under the Alabama Small Loan Act. This bill would authorize non-bank lenders to issue short-term unsecured loans, known as flex loans. This bill would provide for the licensure and regulation of lenders of flex loans by the State Banking Department. This bill would establish the maximum interest rate and maximum duration of a flex loan and provide for fees that may be charged to a customer. This bill would set qualifications, including financial guarantees, for lenders and provide civil penalties for violations by lenders. This bill would also authorize the State Banking Department to enforce the provisions of this act and promulgate rules. A BILL TO BE ENTITLED AN ACT Relating to short-term loans; to authorize non-bank lenders to issue short-term unsecured loans, known as flex loans; to provide for...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB330.htm - 39K - Match Info - Similar pages
HB481
176306-1:n:03/24/2016:FC/tj LRS2016-1300 HB481 By Representative Sessions RFD Agriculture and Forestry Rd 1 05-APR-16 SYNOPSIS: Under existing law, the issuance of net and seine permits for commercial fishing is limited and certain permits are not transferable under any circumstances including physical hardship, and applicants for renewal are required to have previously purchased a license and to meet certain income requirements in subsequent years. This bill would delete the requirement for proof of income under Alabama income tax law for renewal of permits. A BILL TO BE ENTITLED AN ACT To amend Section 9-12-113 of the Code of Alabama 1975, relating to commercial fishing and net and seine permits; to further provide for the renewal of permits without regard to the income requirements. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 9-12-113 of the Code of Alabama 1975, is amended to read as follows: §9-12-113. "(a) Each license or permit issued by the Commissioner of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB481.htm - 14K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB270.htm - 59K - Match Info - Similar pages
HB459
attorneys, engineers, consultants, and other professionals as the board shall deem necessary for the conduct of the business of the institute. "(13) To provide grants to educational, governmental, nonprofit, community-based, workforce development, economic development, and other organizations and associations engaged in the education, recruitment, training, placement, and professional development of persons engaged in activities leading to the furtherance of careers in commercial and industrial construction in accordance with the purposes of the institute. "(14) To cooperate or partner, or both, with regional and national organizations promoting construction workforce development, including the sharing of non-monetary marketing and educational resources and databases, in furtherance of the purposes of the institute. "(15) To do all things necessary or convenient to carry out the powers and purposes conferred by this section. "(16) To exercise any and all powers permissible under...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB459.htm - 141K - Match Info - Similar pages
HB342
174690-1:n:02/24/2016:LLR/tj LRS2016-829 HB342 By Representative Todd RFD Financial Services Rd 1 25-FEB-16 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, finance charges, and...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB342.htm - 21K - Match Info - Similar pages
SB46
SB46 By Senator Bussman ENROLLED, An Act, Relating to the Alabama Sunset Law; to continue the existence and functioning of the Alabama Alcoholic Beverage Control Board until October 1, 2020, with certain modifications; and to amend Section 28-3-40, Code of Alabama 1975, so as to require diversity in the membership of the board. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Pursuant to the Alabama Sunset Law, the Sunset Committee recommends the continuance of the Alabama Alcoholic Beverage Control Board until October 1, 2020, with the additional recommendation for statutory change as set out in Section 3. Section 2. The existence and functioning of the Alabama Alcoholic Beverage Control Board, created and functioning pursuant to Sections 28-1-1 to 28-11-15, inclusive, Code of Alabama 1975, is continued until October 1, 2020, and those code sections are expressly preserved. Section 3. Section 28-3-40 of the Code of Alabama 1975, is amended to read as follows: "§28-3-40. "The...
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HB352
173572-1:n:02/08/2016:JMH/th LRS2016-462 HB352 By Representative Todd RFD Boards, Agencies and Commissions Rd 1 01-MAR-16 SYNOPSIS: Under existing law, the practice of psychology is regulated by the Board of Examiners in Psychology, which is comprised of members appointed by the Governor. Existing law establishes the process and requirement for being licensed to practice psychology in the state. This bill would clarify that the board is comprised of eight members and that one of those members shall be primarily engaged in teaching, research, or administration. This bill would revise the process for a licensee to request that the board designate a license as inactive to authorize the board to assess an inactive licensee fee. This bill would require an applicant for a license to submit fingerprints and execute criminal history information release and would require the Alabama State Law Enforcement Agency (ALEA) to forward the fingerprints of an applicant to the Federal Bureau of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB352.htm - 26K - Match Info - Similar pages
HB401
175741-1:n:03/16/2016:FC/th LRS2016-1142 HB401 By Representative Hanes RFD Local Legislation Rd 1 15-MAR-16 A BILL TO BE ENTITLED AN ACT Relating to the Town of Hollywood in Jackson County; to authorize the governing body of the Town of Hollywood to regulate and permit the sale of alcoholic beverages during certain hours on Sunday by properly licensed retail licensees serving the general public in the town. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. The town council or other governing body of the Town of Hollywood in Jackson County, by resolution adopted by a majority of the council, may regulate and permit the sale of alcoholic beverages during certain hours on Sunday as determined by the town council by properly licensed retail licensees of the Alcoholic Beverage Control Board and the Town of Hollywood serving the general public in the town. Section 2. This act shall become effective immediately following its passage and approval by the Governor, or its otherwise...
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SB352
SB352 By Senator Livingston ENROLLED, An Act, Relating to the Town of Hollywood in Jackson County; to authorize the governing body of the Town of Hollywood to regulate and permit the sale of alcoholic beverages during certain hours on Sunday by properly licensed retail licensees serving the general public in the town. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. The town council or other governing body of the Town of Hollywood in Jackson County, by resolution adopted by a majority of the council, may regulate and permit the sale of alcoholic beverages during certain hours on Sunday as determined by the town council by properly licensed retail licensees of the Alcoholic Beverage Control Board and the Town of Hollywood serving the general public in the town. Section 2. This act shall become effective immediately following its passage and approval by the Governor, or its otherwise becoming law. Jackson County Hollywood Alcoholic Beverages...
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HB298
174491-2:n:02/23/2016:JMH/th LRS2016-770 HB298 By Representative Henry RFD Judiciary Rd 1 24-FEB-16 SYNOPSIS: Under existing law, controlled substances may only be sold by prescription. Under existing law, the State Board of Health has the authority to add, delete, or reschedule substances as controlled substances, but the board must exclude a nonnarcotic substance from a schedule if the substance may lawfully be sold over the counter without a prescription pursuant to federal law. This bill would allow ephedrine, pseudoephedrine, and phenylpropanolamine to be sold by prescription by requiring the State Board of Health to classify the drugs as Schedule III controlled substances. This bill would give the board the authority to exempt a product containing any of these substances from classification as a controlled substance if the board finds that the product is effectively formulated to prevent conversion of the active ingredient into methamphetamine or its salts or precursors. This...
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