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HB594
Rep(s). By Representatives Knight, McClammy and Lawrence HB594 ENROLLED, An Act, Relating to
Montgomery County, to authorize the Montgomery County Commission to levy and collect a rental
tax against the lessees or renters of tangible personal property; to make legislative findings;
to establish maximum rates of the rental tax; to provide that the rental tax is a direct tax
on the lessee or renter though required to be collected by the lessor or vendor; to provide
that the rental tax is not a gross receipts tax in the nature of a sales tax; to provide for
exemptions from the tax; to provide for the collection, administration, and enforcement of
the rental tax; to provide that the rental tax constitutes a debt due Montgomery County and
may be collected in a civil suit, in addition to all other methods provided by law and in
this act; to provide that the rental tax, together with any interest and penalties with respect
thereto, shall constitute and be secured by a lien on the property of...
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SB373
185522-1:n:04/18/2017:JET/th LRS2017-1803 SB373 By Senator Pittman RFD Finance and Taxation
General Fund Rd 1 20-APR-17 SYNOPSIS: Under existing law, the Alabama Jobs Act provides certain
incentives and credits to certain qualifying projects. The act caps the aggregate balance
of outstanding incentives at $850 million and provides that the incentives are not available
to qualifying projects for which project agreements have not been executed on or before December
31, 2019. This bill would extend eligibility for incentives under the act to projects for
which project agreements have been executed on or before December 31, 2023, and would exempt
megaprojects, as defined by the act, from the $850 million aggregate cap on outstanding incentives.
A BILL TO BE ENTITLED AN ACT Relating to economic development; to amend Sections 40-18-370,
as last amended by Act 2016-321, 2016 Regular Session, 40-18-382 and 40-18-383, Code of Alabama
1975, relating to the Alabama Jobs Act, to continue the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB373.htm - 10K - Match Info - Similar pages
HB420
Rep(s). By Representative Martin HB420 ENROLLED, An Act, To specifically authorize and regulate
guaranteed asset protection waivers related to motor vehicle loans; to define terms; to provide
for enforcement and civil penalties by the Superintendent of Banks; and for this purpose to
add Chapter 37 to Title 8, Code of Alabama 1975. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:
Section 1. Chapter 37 is added to Title 8, Code of Alabama 1975, to read as follows: CHAPTER
37. §8-37-1. (a) The purpose of this act is to define guaranteed asset protection waivers
(GAP waivers) and to provide that GAP waivers may be offered within this state. (b) This act
does not apply to either of the following: (1) An insurance policy offered by an insurer under
the insurance laws of this state. (2) A debt cancellation or debt suspension contract being
offered by a federally regulated financial institution operating under 12 CFR Part 37 or a
credit union operating under 12 CFR Part 721 or other federal law;...
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HB343
183080-2:n:03/01/2017:FC/mfc LRS2017-980R1 HB343 By Representative Martin RFD Financial Services
Rd 1 02-MAR-17 SYNOPSIS: Under existing law, guaranteed asset protection waivers are not regulated.
The term generally refers to an agreement or contract related to the financing of motor vehicles
which protect the borrower for the balance due on a loan when the motor vehicle is totalled
or stolen and the casualty insurance payment or other payments are not sufficient to cover
the total loan balance. This bill would specifically authorize guaranteed asset protection
waivers and regulate the transactions. The Superintendent of Banks would be granted authority
to assess a civil penalty for violations. A BILL TO BE ENTITLED AN ACT To specifically authorize
and regulate guaranteed asset protection waivers related to motor vehicle loans; to define
terms; to provide for enforcement and civil penalties by the Superintendent of Banks; and
for this purpose to add Chapter 37 to Title 8, Code of...
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HB396
Rep(s). By Representative Treadaway HB396 ENROLLED, An Act, Relating to any Class 1 municipality
and the retirement and relief system for officers and employees of the municipality; to amend
Sections 45-37A-51.137, 45-37A-51.190, 45-37A-51.192, 45-37A-51.220, 45-37A-51.221, 45-37A-51.222,
45-37A-51.224, 45-37A-51.225, and 45-37A-51.228, Code of Alabama 1975, as amended by Act 2006-339,
2006 Regular Session, as amended by Act 2011-585, 2011 Regular Session, as amended by Act
2014-337, 2014 Regular Session; to amend the investment powers of the board of managers to
reduce the percent of investments required to be in fixed income securities; to delete certain
language requiring an increase in contribution under certain conditions from participants;
to amend and phase in the contribution rate of the municipality to the pension system to a
minimum of nine percent; to amend the normal retirement benefit for participants who first
become participants on or after July 1, 2017; to provide for a...
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HB56
Rep(s). By Representative South HB56 ENROLLED, An Act, To amend Section 24-1-27 of the Code
of Alabama 1975, to provide that non-profit affiliates of Alabama Public Housing Authorities
are governmental entities for purposes of limited tort immunity. BE IT ENACTED BY THE LEGISLATURE
OF ALABAMA:Section 1. Section 24-1-27 of the Code of Alabama 1975 is amended to read as follows:
§24-1-27. "(a) An authority shall constitute a public body and a body corporate and
politic exercising public powers, and having all the powers necessary or convenient to carry
out and effectuate the purposes and provisions of this article, including the following powers
in addition to others granted in this article: "(1) To investigate into living, dwelling
and housing conditions and into the means and methods of improving such conditions; "(2)
To determine where unsafe or unsanitary dwelling, public school or housing conditions exist;
"(3) To study and make recommendations concerning the plan of any city...
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SB122
181687-2:n:02/07/2017:KMS/th LRS2017-395R1 SB122 By Senators Orr and Pittman RFD Finance and
Taxation General Fund Rd 1 07-FEB-17 SYNOPSIS: This bill would authorize lump sum merit reward
payments for certain full-time state employees who have reached the maximum of their assigned
pay ranges under certain conditions. A BILL TO BE ENTITLED AN ACT To add Section 36-26-48
to the Code of Alabama 1975, relating to state employees; to authorize lump sum merit reward
payments for certain full-time state employees who have reached the maximum of their assigned
pay ranges under certain conditions; to provide for the amount of the payments; and to provide
for exemptions. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Section 36-26-48 is
added to the Code of Alabama 1975, to read as follows: §36-26-48. (a) Commencing on October
1, 2017, and based on the availability of funds, an appointing authority may provide a lump
sum merit reward payment, in an amount of up to two and one-half...
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SB25
SB25 SYNOPSIS: Under existing law, Alabama Public Housing Authorities have limited tort immunity
as a governmental agency. This bill also would specify that non-profit affiliates of Alabama
Public Housing Authorities that meet prescribed criteria are a governmental entity for purposes
of that limited tort immunity. A BILL TO BE ENTITLED AN ACT To amend Section 24-1-27 of the
Code of Alabama 1975, to provide that non-profit affiliates of Alabama Public Housing Authorities
are governmental entities for purposes of limited tort immunity. BE IT ENACTED BY THE LEGISLATURE
OF ALABAMA:Section 1. Section 24-1-27 of the Code of Alabama 1975 is amended to read as follows:
§24-1-27. "(a) An authority shall constitute a public body and a body corporate and
politic exercising public powers, and having all the powers necessary or convenient to carry
out and effectuate the purposes and provisions of this article, including the following powers
in addition to others granted in this article: "(1) To...
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SB327
183080-4:n:03/15/2017:FC/tgw LRS2017-980R3 SB327 By Senator Chambliss RFD Banking and Insurance
Rd 1 16-MAR-17 SYNOPSIS: Under existing law, guaranteed asset protection waivers are not regulated.
The term generally refers to an agreement or contract related to the financing of motor vehicles
which protect the borrower for the balance due on a loan when the motor vehicle is totalled
or stolen and the casualty insurance payment or other payments are not sufficient to cover
the total loan balance. This bill would specifically authorize guaranteed asset protection
waivers and regulate the transactions. The Superintendent of Banks would be granted authority
to assess a civil penalty for violations. A BILL TO BE ENTITLED AN ACT To specifically authorize
and regulate guaranteed asset protection waivers related to motor vehicle loans; to define
terms; to provide for enforcement and civil penalties by the Superintendent of Banks; and
for this purpose to add Chapter 37 to Title 8, Code of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2017RS/bills/SB327.htm - 14K - Match Info - Similar pages
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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