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HB202
Rep(s). By Representative Poole HB202 ENROLLED, An Act, To adopt a revised Alabama Limited
Partnership Law as Chapter 9A of Title 10A of the Code of Alabama 1975; to provide for the
various processes of formation of a limited partnership; to provide default provisions; to
provide that certain obligations of a limited partnership may not be modified in the agreement;
to specify the information required to be included in various filings; to specify that when
both the converting entity and the converted entity are domestic entities, the statement of
conversion and the certificate of formation would be filed simultaneously with the Secretary
of State; to make various harmonizing changes to the limited liability company law; to amend
Sections 10A-1-1.03, 10A-1-1.06, 10A-1-1.08, 10A-1-4.26, 10A-1-6.02, 10A-1-6.13, 10A-1-6.25,
10A-1-7.07, 10A-5A-1.10, 10A-5A-4.01, 10A-5A-5.04, 10A-5A-7.01, 10A-5A-7.02, 10A-5A-10.03,
10A-5A-10.04, 10A-5A-10.07, and 10A-5A-10.08, Code of Alabama 1975; and to...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB202.htm - 233K - Match Info - Similar pages
HB34
(1) GROWING ALABAMA CREDIT. The credit provided for in Section 40-18-413(a). (2) INDUSTRY OR
BUSINESS. An entity which would conduct at a site an activity that is primarily described
in Section 40-18-372(1). (3) LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS. Organizations which
are determined by the Department of Commerce to meet both of the following criteria: a. The
organization is an Alabama entity not operating for a profit, including, but not limited to,
a municipality or county, an industrial board or authority, a chamber of commerce,
or some other foundation or Alabama nonprofit corporation charged with improving a community
or region of the state; and b. The organization has a record of supporting or otherwise participating
in economic development activities in some part of Alabama. (4) RENEWAL OF ALABAMA COMMISSION.
The Renewal of Alabama Commission created by Section 40-18-402. (5) SITE. Real property owned
by a local economic development organization and intended for use...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB34.htm - 25K - Match Info - Similar pages
SB151
173107-4:n:02/08/2016:JMH/hh LRS2015-3468R2 SB151 By Senator Ward RFD Judiciary Rd 1 09-FEB-16
SYNOPSIS: This bill would revise the Alabama Limited Partnership Law as Chapter 9A of Title
10A of the Code of Alabama 1975. This bill would harmonize the existing limited partnership
law and the existing limited liability company law by reducing the differences between the
two laws. This bill would harmonize, to the extent possible, the various processes of formation,
filings, notice, amendment and restatement of certificates of formation, admission of limited
partners and general partners, contributions and distributions, dissociation of partners and
the effects thereof, transfers of interests, charging orders, rights of personal representatives,
dissolution and winding up, direct and derivative actions, and conversions and mergers. This
bill would continue to specify various default provisions which would apply to a partnership
agreement unless modified by the partners in the partnership...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB151.htm - 236K - Match Info - Similar pages
SB292
173949-2:n:02/24/2016:LFO-HP/bdl SB292 By Senators Orr and Melson RFD Fiscal Responsibility
and Economic Development Rd 1 24-FEB-16 SYNOPSIS: Under existing law, liquor wholesale licensees
may sell liquor at wholesale to the Alabama Alcoholic Beverage Control Board or as authorized
by the board, other than to a retail licensee of the board. Under existing law, state liquor
stores operated by the Alabama Alcoholic Beverage Control Board and certain licensed private
retail stores may sell liquor at retail. Under existing law, retail licensees of the board
must purchase liquor from the board for resale. This bill would require the Alabama Alcoholic
Beverage Control Board to phase out retail sale of alcoholic beverages by the board prior
to October 1, 2021 but continue all other functions prescribed by law; require the board to
obtain the best available price for fixed assets, equipment, and property; and require the
Department of Economic and Community Affairs to provide certain technical...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB292.htm - 78K - 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
HB349
the leased tangible personal property by the lessee, which right to purchase such property
shall be exercisable solely at the option of the lessee; "c. The appropriate sales or
use tax levied by the state shall have been paid with respect to the acquisition or use of
the leased tangible personal property, or, alternatively, the acquisition or use of such property
shall be exempt by law from such sales or use tax; "d. The leased tangible personal property
shall be installed in or about an industrial plant or other real property that was
specially constructed or modified for the location and use of such tangible personal property
and that is owned, or considered to be owned for either Alabama or federal income tax purposes
or both, by a corporation, partnership, or other entity controlled by, or under common control
with, the lessee of such tangible personal property; and "e. The leased tangible property
shall be used only by a lessee engaged in the iron and steel industry, and the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB349.htm - 64K - Match Info - Similar pages
SB345
the leased tangible personal property by the lessee, which right to purchase such property
shall be exercisable solely at the option of the lessee; "c. The appropriate sales or
use tax levied by the state shall have been paid with respect to the acquisition or use of
the leased tangible personal property, or, alternatively, the acquisition or use of such property
shall be exempt by law from such sales or use tax; "d. The leased tangible personal property
shall be installed in or about an industrial plant or other real property that was
specially constructed or modified for the location and use of such tangible personal property
and that is owned, or considered to be owned for either Alabama or federal income tax purposes
or both, by a corporation, partnership, or other entity controlled by, or under common control
with, the lessee of such tangible personal property; and "e. The leased tangible property
shall be used only by a lessee engaged in the iron and steel industry, and the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB345.htm - 64K - Match Info - Similar pages
SB213
in exchange for shares or other units that are publicly traded and represent fractional undivided
beneficial interests in the trust's net assets but not to the extent that metal is transferred
to or from the investment trust in exchange for consideration other than such publicly traded
shares or other units. For purposes of this subdivision, the term metals includes, but is
not limited to, copper, aluminum, nickel, zinc, tin, lead, and other similar metals typically
used in commercial and industrial applications. "(48) For the period commencing
on October 1, 2012, and ending May 30, 2022, unless extended by joint resolution, the gross
receipts from the sale of parts, components, and systems that become a part of a fixed or
rotary wing military aircraft or certified transport category aircraft that undergoes conversion,
reconfiguration, or general maintenance so long as the address of the aircraft for FAA registration
is not in the state; provided, however, that this exemption shall...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB213.htm - 72K - Match Info - Similar pages
HB181
173937-1:n:02/10/2016:FC*/cj LRS2016-597 HB181 By Representative Martin RFD Insurance Rd 1
11-FEB-16 SYNOPSIS: Under existing law, insurance adjusters are defined to be representatives
of the insurance company and not of the insured. This bill would provide for the licensing
and regulation of public adjusters of insurance claims on behalf of insureds. A BILL TO BE
ENTITLED AN ACT Relating to insurance; to provide for the qualifications and procedures for
the licensing of public adjusters; to provide definitions and exceptions to the licensing
and registration requirements; to require public adjusters to take and pass a written examination,
with exception; to provide for nonresident licensing; to require public adjusters to complete
a minimum of 24 hours of continuing education on a biennial basis; to provide standards of
conduct for public adjusters; to require public adjusters to report administrative action
taken against them in other jurisdictions; to give the Commissioner of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB181.htm - 53K - Match Info - Similar pages
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