SB170
SB170 By Senator Blackwell ENROLLED, An Act, Relating to the State Insurance Department and the regulation of insurance; to add Chapter 29A to Title 27, Code of Alabama 1975; to provide requirements for maintaining a risk management framework and completing an Own Risk and Solvency Assessment (ORSA), with instructions for filing an ORSA Summary Report with the Commissioner of Insurance; and to provide that documents and other information from an insurer in an assessment would be confidential and privileged except as otherwise provided in this act. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Chapter 29A is added to Title 27, Code of Alabama 1975, to read as follows: Chapter 29A. Risk Management and Own Risk and Solvency Assessment. ยง27-29A-1. Purpose and Scope. (a) The purpose of this chapter is to provide the requirements for maintaining a risk management framework and completing an Own Risk and Solvency Assessment (ORSA) and provide guidance and instructions for filing...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB170.htm - 17K - Match Info - Similar pages
HB65
164062-4:n:01/25/2016:FC/tj LRS2015-122R3 HB65 By Representative Hill (M) RFD Insurance Rd 1 02-FEB-16 SYNOPSIS: This bill would provide further for the regulation of insurance by requiring certain insurers to maintain a risk management framework and complete an Own Risk and Solvency Assessment (ORSA) to be filed with the Commissioner of Insurance; by adopting a law substantially similar to the Risk Management and Own Risk and Solvency Assessment Model Act developed by the National Association of Insurance Commissioners. The bill would provide that documents and other information from an insurer in an assessment would be confidential and privileged except as otherwise provided in the bill. A BILL TO BE ENTITLED AN ACT Relating to the State Insurance Department and the regulation of insurance; to add Chapter 29A to Title 27, Code of Alabama 1975; to provide requirements for maintaining a risk management framework and completing an Own Risk and Solvency Assessment (ORSA), with...
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HB291
written or spoken words, graphically depicted, printed, or electromagnetically transmitted that are provided by a resident of this state to a covered entity for the purpose of purchasing or leasing a product or obtaining a service. (5) DATA IN ELECTRONIC FORM. Any data stored electronically or digitally on any computer system or other database and includes recordable tapes and other mass storage devices. (6) FINANCIAL INSTITUTION. A bank, trust company with banking powers, savings bank, industrial loan company, savings association, credit union, or other lender regulated by a state or federal agency. (7) GOVERNMENTAL ENTITY. Any division, bureau, commission, regional agency, board, district, authority, agency, or other instrumentality of this state that acquires, maintains, stores, or uses data in electronic form containing sensitive personally identifying information. (8) MICROPROCESSOR CHIP DATA. The data contained in the microprocessor chip of an access device. (9) MAGNETIC STRIP...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB291.htm - 17K - Match Info - Similar pages
HB41
Rep(s). By Representative Chesteen HB41 ENROLLED, An Act, To amend Sections 16-16B-1 and 16-16B-2, Code of Alabama 1975, relating to the Alabama Ahead Act; commencing with the 2016-2017 school year, to delete the requirement that tablets and mobile computers be pen-enabled; to delete the phase-in provisions; to delete the reassignment provisions; to delete the requirement for the establishment of an advisory committee; to establish the Alabama Ahead Oversight Committee; to make participation by local school systems voluntary; to provide that funds be used to purchase and install, maintain or upgrade a high-quality, standards-based, broadband Wi-Fi infrastructure and mobile digital computing devices to enable access to digital instructional materials in all public school classrooms; and to amend Section 14 of Act 2012-560, 2012 Regular Session, to delete the requirement that implementation of the act be contingent upon separate legislative enactment. BE IT ENACTED BY THE LEGISLATURE OF...
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SB351
SB351 ENGROSSED By Senators McClendon and Dial A BILL TO BE ENTITLED AN ACT To amend Sections 16-16B-1 and 16-16B-2, Code of Alabama 1975, relating to the Alabama Ahead Act; commencing with the 2016-2017 school year, to delete the requirement that tablets and mobile computers be pen-enabled; to delete the phase-in provisions; to delete the reassignment provisions; to delete the requirement for the establishment of an advisory committee; to establish the Alabama Ahead Oversight Committee; to make participation by local school systems voluntary; to provide that funds be used to purchase and install, maintain or upgrade a high-quality, standards-based, broadband Wi-Fi infrastructure and mobile digital computing devices to enable access to digital instructional materials in all public school classrooms; and to amend Section 14 of Act 2012-560, 2012 Regular Session, to delete the requirement that implementation of the act be contingent upon separate legislative enactment. BE IT ENACTED BY...
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HB224
Rep(s). By Representative Garrett HB224 ENGROSSED A BILL TO BE ENTITLED AN ACT To establish the Alabama Small Business Investment Company Act; to provide for tax credits for taxpayers that make eligible capital contributions to an eligible Alabama small business investment fund; to require the Department of Commerce to accept applications for eligibility as an Alabama small business investment fund and to make determinations of eligibility; to specify the amount of tax credits that may be claimed for eligible contributions; to provide for the carrying forward of credits under certain conditions; to provide procedures for the revocation of tax credits for ineligible contributions; to provide procedures for the exit from the program; to require each small business investment fund to report to the department certain employment and financial information; to require the department to provide certain information regarding whether businesses satisfy certain criteria relating to instate...
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HB137
173521-1:n:02/04/2016:MCS/tj LRS2016-459 HB137 By Representatives Ingram, Beckman, Sells, Shiver and Polizos RFD Commerce and Small Business Rd 1 09-FEB-16 SYNOPSIS: Existing law provides for the licensing of used motor vehicle dealers and motor vehicle wholesalers. This bill would provide that applicants, other than renewal applicants, for a license as a used motor vehicle dealer or as a motor vehicle wholesaler must obtain certain training prior to obtaining a license. A BILL TO BE ENTITLED AN ACT Relating to obtaining a license as a used motor vehicle dealer or as a motor vehicle wholesaler; to amend Sections 40-12-390 and 40-12-391, Code of Alabama 1975, to further regulate applicants for a license as a used motor vehicle dealer or as a motor vehicle wholesaler; to provide definitions; and to provide for enforcement by the State Department of Revenue. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 40-12-390 and 40-12-391, Code of Alabama 1975, are amended to read...
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HB313
173595-1:n:02/18/2016:EBO-DHC/jk HB313 By Representative Clouse RFD Ways and Means General Fund Rd 1 24-FEB-16 SYNOPSIS: This bill will be known as the Alabama Prison Transformation Initiative Act. This bill would provide for the construction of four modern, efficient prison facilities to reduce overcrowding, to improve safety conditions for corrections officers, to allow for additional inmate re-entry programs and to improve operational practices and procedures. This bill would require increased reporting to the Joint Legislative Prison Committee. Under existing law, the Alabama Corrections Institution Finance Authority is authorized to issue bonds for prison construction purposes. The Authority is required to construct facilities using plans and specifications of architects or engineers, or both. This bill would also allow the Authority to construct women's and regional prison facilities using various types of construction agreements. This bill would allow the Authority to issue...
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SB287
SB287 ENGROSSED By Senators Pittman, Ward, Allen, Williams and Reed A BILL TO BE ENTITLED AN ACT To amend Sections 14-2-1, 14-2-12, 14-2-13.1, 14-2-14, 14-2-16, 14-2-19, 14-2-21, 14-2-28, and 14-2-34, relating to the Alabama Corrections Institution Finance Authority, to allow the Authority to issue up to $800 million in bonds with no specified maturity date later than 30 years for the purpose of financing the construction of women's and regional prison facilities, renovating existing prison facilities, and demolishing obsolete prison facilities; and to allow the Authority to construct the women's and regional prison facilities using various types of construction agreements; to authorize the Authority to dispose of property not required for Department of Corrections purposes; to require reporting to the Joint Legislative Prison Committee; to further provide for actions to be taken upon payment of all bonds issued by the Authority; to amend Section 40-8-3, relating to allocation of the...
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HB85
after the due date of the premium in default, an actuarially equivalent alternative paid-up nonforfeiture benefit which provides a greater amount or longer period of death benefits or, if applicable, a greater amount or earlier payment of endowment benefits. (2) That, upon surrender of the policy within 60 days after the due date of any premium payment in default after premiums have been paid for at least three full years in the case of ordinary insurance or five full years in the case of industrial insurance, the insurer will pay, in lieu of any paid-up nonforfeiture benefit, a cash surrender value of such amount as may be specified in this article. (3) That a specified paid-up nonforfeiture benefit shall become effective as specified in the policy unless the person entitled to make such election elects another available option not later than 60 days after the due date of the premium in default. (4) That, if the policy shall have become paid up by completion of all premium payments,...
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