HB314
Rep(s). By Representatives Johnson (K), Collins, Martin, Shiver, Lee, Moore (B), Brown, Rogers, Rowe, Hammon, Carns, Davis, Wood, Greer, Nordgren, Black, Williams (JW), Clouse, Drake, Ellis, Ford, Crawford, Butler, Blackshear, Scott, Patterson, Wadsworth, Weaver and Wingo HB314 ENROLLED, An Act, Relating to the Alabama Small Loan Act; to amend Sections 5-18-4, 5-18-10, 5-18-13, and 5-18-15, Code of Alabama 1975, to increase the lending authority and further provide for the interest rates; and to provide further for the minimum and maximum term of loans. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 5-18-4, 5-18-10, 5-18-13, and 5-18-15, Code of Alabama 1975, are amended to read as follows: §5-18-4. "(a) License required. No person shall engage in the business of lending in amounts of less than one thousand dollars ($1,000) one thousand five hundred dollars ($1500) and contract for, exact or receive, directly or indirectly, on or in connection with any such loan, any...
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HB532
185344-1:n:04/18/2017:KBH/mfc LRS2017-1662 HB532 By Representatives Hanes, Whorton (R) and Mooney RFD Ways and Means General Fund Rd 1 18-APR-17 SYNOPSIS: Existing law provides for the Deferred Retirement Option Plan (DROP), which contractually allows a member of the Employees' Retirement System (ERS) or the Teachers' Retirement System (TRS) to continue employment with his or her employer for a specific period of time, while deferring a portion of his or her retirement allowance until the end of the participation period, at which time the member withdraws from his or her service. Existing law provides that participation in DROP is prohibited after March 24, 2011. This bill would reopen participation in the DROP program and would further provide options for Tier I and Tier II members to participate in DROP. A BILL TO BE ENTITLED AN ACT To amend Sections 16-25-150, 16-25-151, 36-27-170, and 36-27-171 of the Code of Alabama 1975, relating to the Deferred Retirement Option Plan (DROP); to...
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SB249
182044-2:n:02/13/2017:FC/tgw LRS2017-585R1 SB249 By Senators Dial, Whatley, Ward, Livingston, Waggoner, Shelnutt, Albritton, Holley, Beasley and Smith RFD Banking and Insurance Rd 1 28-FEB-17 SYNOPSIS: Under existing law, the Alabama Small Loan Act authorizes licensed lenders to make loans up to $1,000 subject to interest rates and charges provided by law. This bill would authorize licensed lenders under the act to make loans up to $1500 and adjust the interest rates for loans based on the lending authority. This bill would also provide a minimum three-month term on loans and a maximum term of 18 months. A BILL TO BE ENTITLED AN ACT Relating to the Alabama Small Loan Act; to amend Sections 5-18-4, 5-18-10, 5-18-13, and 5-18-15, Code of Alabama 1975, to increase the lending authority and further provide for the interest rates; and to provide further for the minimum and maximum term of loans. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 5-18-4, 5-18-10, 5-18-13, and...
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SB284
183291-2:n:03/07/2017:JMH/th LRS2017-1008R1 SB284 By Senators Orr and Smitherman RFD Judiciary Rd 1 07-MAR-17 SYNOPSIS: Under existing law, the maximum rate of interest on a small loan is three percent a month on amounts not more than $200 and two percent a month for amounts in excess of $200, and the maximum term of the small loan is limited to 25 months. Under existing law, in lieu of these interest rates, the lender may utilize an alternative rate of charge that consists of an acquisition fee of up to 10 percent of the principal and a monthly installment handling fee. Under existing law, the maximum term of a small loan on which the alternative rate of charge may be utilized is 12 months. This bill would provide that the minimum term for a small loan in which the lender is charging the alternative rate is six months. This bill would prohibit the lender from collecting an additional acquisition charge if the loan is refinanced within the first six months. Under existing law, the term...
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HB531
Rep(s). By Representative Chesteen HB531 ENROLLED, An Act, Relating to the existing one percent sales tax to build and maintain a jail in Geneva County; to amend Sections 2, 3, 4, 6, 7, and 8 of Act 2014-210, 2014 Regular Session (Acts 2014, p.642); to authorize the county commission to impose a use tax in addition to the sales tax and to allow the proceeds from the sales and use taxes to also be used for operation of the jail. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Sections 2, 3, 4, 6, 7, and 8 of Act 2014-210, 2014 Regular Session (Acts 2014, p.642), are amended to read as follows: "Section 2. As used in this act, state sales tax means the tax imposed by Article 1 of Chapter 23 of Title 40 of the the state sales and use tax statutes, including, but not limited to, Sections 40-23-1, 40-23-2, 40-23-3, and 40-23-4, Code of Alabama 1975, and state use tax means the tax imposed by Article 2 of Chapter 23 of Title 40 of the Code of Alabama 1975. "Section 3. (a) In addition...
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SB269
183388-1:n:03/02/2017:KMS/th LRS2017-1084 SB269 By Senator Dial RFD Finance and Taxation General Fund Rd 1 02-MAR-17 SYNOPSIS: Under existing law, there is no provision for retirees and beneficiaries receiving monthly benefits from the Employees' Retirement System to receive a funded one-time lump-sum addition to their retirement allowances. This bill would provide such a payment to certain retirees and beneficiaries under the Employees' Retirement System. A BILL TO BE ENTITLED AN ACT To provide for a funded one-time lump-sum addition to the retirement benefits of certain retirees and beneficiaries of the Employees' Retirement System. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. (a) There is provided for fiscal year 2017-2018 a funded one-time lump-sum payment, hereinafter referred to as lump-sum payment, to each person except those whose employer participated in the Employees' Retirement System pursuant to Sections 36-27-6, 36-27-7, and 36-27-7.1, Code of Alabama 1975,...
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HB338
Rep(s). By Representative Treadaway HB338 ENROLLED, An Act, Relating to the City of Birmingham Firemen's and Policemen's Supplemental Pension System; to amend Section 45-37A-51.03, Code of Alabama 1975, relating to the investment powers of the board of managers; to reduce the percentage of investments required to be in fixed income securities. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 45-37A-51.03, Code of Alabama 1975, is amended to read as follows: §45-37A-51.03. "(a)(1) In order to assure representation of all participants of this system, there shall be a board of managers of five members for the administration, management, and control of the supplemental pension system, including administration, management, control, acquisition, and disbursement of the fund. The board shall consist of the president of the governing body of the city, who shall be chair of the board, and four associate members, designated respectively as Member No. 1, Member No. 2, Member No. 3,...
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SB192
181868-1:n:02/13/2017:KBH*/th LRS2017-323 SB192 By Senators Whatley and Dial RFD Transportation and Energy Rd 1 14-FEB-17 SYNOPSIS: Existing law places certain restrictions on a public provider of municipal telecommunications services or other services that is a municipality or a municipal instrumentality. This bill would propose an amendment to the Constitution of Alabama of 1901, relating to Lee County, to remove restrictions on the service area of a public provider of municipal telecommunications services or other services that is a municipality or a municipal instrumentality in the county. This bill would further allow the public provider to provide cable systems, telecommunications equipment and systems, furnish cable service, interactive computer service, Internet access, other Internet services, advanced telecommunications service, and other services, or any combination thereof without the restrictions as to coverage area. This bill would provide that a public provider intending...
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HB250
Rep(s). By Representative Sells HB250 ENROLLED, An Act, Relating to emergency medical services personnel; to amend Section 22-18-6, Code of Alabama 1975; to add a new Article 4, commencing with Section 22-18-50, to Chapter 18 of Title 22 of the Code of Alabama 1975; to establish the Emergency Medical Services Personnel Licensure Interstate Compact; to provide reciprocity among member states on matters relating to discipline and conditions of practice of EMS personnel; to make this state a member of the Interstate Commission for EMS Personnel Practice; and to allow EMS personnel from compact states to practice in Alabama in limited circumstances without a state license. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 22-18-6, Code of Alabama 1975, is amended to read as follows: §22-18-6. "(a) It shall be a Class A misdemeanor for any person, firm, company, corporation, organization, facility, or agency to do any of the following: "(1) Deliberately hinder, obstruct, or...
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HB564
185495-1:n:04/18/2017:FC/th LRS2017-1785 HB564 By Representatives Mooney, Hanes, Pettus, Whorton (I), Williams (JW), Patterson, Greer, Holmes (M) and Wingo RFD Transportation, Utilities and Infrastructure Rd 1 25-APR-17 SYNOPSIS: This bill would allow a county commission to call for a local referendum to authorize the commission to levy an excise tax on gasoline or motor fuel not to exceed five cents ($.05) per gallon for specific road and bridge projects identified by the county prior to the referendum. The resolution calling for a referendum would specify the amount of the levy and the duration of the levy which could not exceed five years. Subsequent local referendums on additional levies would be authorized under the same procedures as the original referendum. A BILL TO BE ENTITLED AN ACT Relating to gasoline and motor fuel taxation; to authorize a county commission to call for a referendum on the levy of an excise tax on gasoline and motor fuel not to exceed five cents ($.05) per...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/HB564.htm - 12K - Match Info - Similar pages
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