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HB21
195982-2:n:06/07/2019:LK/ma LSA2019-2894R1 HB21 By Representative Pringle RFD Financial Services
Rd 1 04-FEB-20 SYNOPSIS: Under existing law, secured creditors are only required to submit
for recording the satisfaction of any residential mortgages. Other mortgages, including mortgages
securing commercial agricultural properties, are excluded from the satisfaction reporting
requirements of the Alabama Residential Mortgage Satisfaction Act and a satisfaction is only
recorded upon a written request of a mortgagor or a creditor of the mortgagor. This bill would
expand the act to require recordation of satisfaction to include mortgages securing commercial
agricultural properties and would rename that act the "Alabama Residential and Agricultural
Mortgage Satisfaction Act." This bill would also make conforming changes. A BILL TO BE
ENTITLED AN ACT To expand the Alabama Residential Mortgage Satisfaction Act; to amend Sections
35-10-90, 35-10-91, 35-10-92, 35-10-94, and 35-10-96, Code of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB21.htm - 21K - Match Info - Similar pages
HB62
195982-2:n:06/07/2019:LK/ma LSA2019-2894R1 HB62 By Representative Pringle RFD Financial Services
Rd 1 04-FEB-20 SYNOPSIS: Under existing law, secured creditors are only required to submit
for recording the satisfaction of any residential mortgages. Other mortgages, including mortgages
securing commercial agricultural properties, are excluded from the satisfaction reporting
requirements of the Alabama Residential Mortgage Satisfaction Act and a satisfaction is only
recorded upon a written request of a mortgagor or a creditor of the mortgagor. This bill would
expand the act to require recordation of satisfaction to include mortgages securing commercial
agricultural properties and would rename that act the "Alabama Residential and Agricultural
Mortgage Satisfaction Act." This bill would also make conforming changes. A BILL TO BE
ENTITLED AN ACT To expand the Alabama Residential Mortgage Satisfaction Act; to amend Sections
35-10-90, 35-10-91, 35-10-92, 35-10-94, and 35-10-96, Code of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB62.htm - 21K - Match Info - Similar pages
HB202
Rep(s). By Representative Poole HB202 ENROLLED, An Act, Relating to the Alabama Business and
Nonprofit Entities Code; to amend Sections 10A-1-1.02, 10A-1-1.03, and 10A-1-1.08, as amended
by Act 2019-94, 2019 Regular Session, Code of Alabama 1975; to add Sections 10A-1-3.07 and
10A-1-3.08 to the Code of Alabama 1975; to amend Sections 10A-1-3.32, as amended by Act 2019-94,
2019 Regular Session, 10A-1-3.33, as amended by Act 2019-304, 2019 Regular Session, 10A-1-3.42,
10A-1-4.01, and 10A-1-4.02, as amended by Act 2019-94, 2019 Regular Session, and 10A-1-4.05,
Code of Alabama 1975; to add Section 10A-1-4.07 to the Code of Alabama 1975; to amend Sections
10A-1-4.11, as amended by Act 2019-94, 2019 Regular Session, 10A-1-4.12, 10A-1-4.21 and 10A-1-4.31,
as amended by Act 2019-94, 2019 Regular Session, and Sections 10A-1-5.04 and 10A-1-5.11, Code
of Alabama 1975; to add Section 10A-1-5.17 to the Code of Alabama 1975; to amend Sections
10A-1-6.02, 10A-1-8.01, and 10A-1-8.02, as amended by Act...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB202.htm - 399K - Match Info - Similar pages
SB206
204031-1:n:02/07/2020:KMS/tgw LSA2020-130 SB206 By Senator Givhan RFD Judiciary Rd 1 18-FEB-20
SYNOPSIS: This bill would make changes to the Alabama Business and Nonprofit Entities Code
to allow business corporations to elect to become benefit corporations; allow electronic filing
of all entity filings to increase the speed at which businesses may be formed and by which
transactions may be accomplished; update definitions to include terms applicable to the allowance
of electronic and digital transactions and transmissions of filings, notices, and data; establish
certain basic standards for all filing instruments to allow for easier electronic transmission;
provide a mechanism to allow the Secretary of State to reject certain filing instruments which
are not accompanied by full payment, to assist in the electronic filing process; clarify the
requirements of certificates of existence for entities; remove certain outdated definitions
and matters to streamline the code; and to clarify that...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB206.htm - 400K - Match Info - Similar pages
HB66
Rep(s). By Representative McClammy HB66 ENROLLED, An Act, Relating to economic development;
to authorize the incorporation in any municipality or county in this state of a local redevelopment
authority for the purpose of promoting trade and commerce by inducing commercial enterprise
to upgrade, improve, modernize, and expand existing facilities and to locate new facilities
on land contiguous with an active U.S. Air Force military installation within the corporate
limits of the municipality, or geographical boundaries of the county; to provide for the formation,
governance, power, and duties of the authority; to provide for the issuance by the authority
of interest-bearing revenue bonds and other interest-bearing securities, payable solely out
of the revenues and receipts derived from the leasing or sale of properties owned by the authority;
to provide that the securities may be secured by a pledge of the revenues and receipts from
which they are payable; to authorize the authority to...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB66.htm - 63K - Match Info - Similar pages
SB53
SB53 ENGROSSED By Senator Burkette A BILL TO BE ENTITLED AN ACT Relating to economic development;
to authorize the incorporation in any municipality or county in this state of a local redevelopment
authority for the purpose of promoting trade and commerce by inducing commercial enterprise
to upgrade, improve, modernize, and expand existing facilities and to locate new facilities
on land contiguous with an active U.S. Air Force military installation within the corporate
limits of the municipality, or geographical boundaries of the county; to provide for the formation,
governance, power, and duties of the authority; to provide for the issuance by the authority
of interest-bearing revenue bonds and other interest-bearing securities, payable solely out
of the revenues and receipts derived from the leasing or sale of properties owned by the authority;
to provide that the securities may be secured by a pledge of the revenues and receipts from
which they are payable; to authorize the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB53.htm - 63K - Match Info - Similar pages
SB103
204275-1:n:01/31/2020:CMH/ma LSA2020-268 SB103 By Senators Coleman-Madison, Albritton, Smitherman
and Waggoner RFD Governmental Affairs Rd 1 04-FEB-20 SYNOPSIS: Under existing law, a fee is
required to record certain mortgages, deeds of trust, contracts of conditional sale, or other
instruments of like character which is given to secure the payment of any debt which conveys
any real or personal property. This bill would increase the fee for recording of certain mortgages,
deeds of trust, contracts of conditional sale, or other instruments of like character which
is given to secure the payment of any debt which conveys any real or personal property. This
bill would modify the rate and further provide for the distribution of the mortgage record
tax in order to provide a dedicated revenue for the Alabama Housing Trust Fund. This bill
would also make nonsubstantive, technical revisions to update the existing code language to
current style. A BILL TO BE ENTITLED AN ACT To amend Section...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB103.htm - 26K - Match Info - Similar pages
HB120
203772-1:n:12/30/2019:CMH/tj LSA2019-3143 HB120 By Representative Sorrell RFD State Government
Rd 1 04-FEB-20 SYNOPSIS: Under existing law, certain property is subject to civil forfeiture
when owned or used by a person in the commission of certain unlawful acts. Property subject
to civil forfeiture is forfeited to the state and sold, destroyed, or disposed of in a proper
manner. Also under existing law, all property seized by a state, county, or municipal law
enforcement agency for forfeiture in connection with a criminal event is required to be reported
to the uniform crime reporting system operated by the Alabama State Law Enforcement Agency.
This bill would establish for the Alabama Forfeiture Accountability and Integrity Reform Act
and would authorize asset forfeiture in the state only after proof of a conviction of certain
criminal offenses, with exceptions. A BILL TO BE ENTITLED AN ACT Relating to asset forfeitures;
to establish the exclusive process for asset forfeitures in the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB120.htm - 28K - Match Info - Similar pages
SB165
SB165 ENGROSSED By Senator Melson A BILL TO BE ENTITLED AN ACT Relating to the medical use
of cannabis; to add a new Chapter 2A to Title 20, Code of Alabama 1975; to amend Section 13A-7-2,
Code of Alabama 1975; to create the Compassion Act; to provide civil and criminal protections
to certain patients with a qualifying medical condition who have a valid medical cannabis
card for the medical use of cannabis; to establish the Alabama Medical Cannabis Commission
and provide for its membership and duties; to provide for certification of patients to authorize
use of medical cannabis; to license and regulate the cultivation, processing, transporting,
testing, and dispensing of medical cannabis; to prohibit certain types of medical cannabis
products; to provide for patient registry and seed-to-sale tracking; to impose taxes; to provide
certain legal protections for users of medical cannabis; to provide certain legal protections
for employers; to provide further for workers' compensation...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/SB165.htm - 112K - Match Info - Similar pages
HB336
205425-1:n:02/25/2020:AHP*/cr LSA2020-768 HB336 By Representatives Rogers and Moore (M) RFD
Economic Development and Tourism Rd 1 27-FEB-20 SYNOPSIS: This bill would permit wagering
on the results of certain professional or collegiate sports or athletic events and other events
authorized as sports wagering activities. This bill would create the Alabama Sports Wagering
Commission, provide for its composition, powers, and duties. This bill would provide rule-making
authority to the Alabama Sports Wagering Commission. This bill would allow the Alabama Sports
Wagering Commission to issue licenses relating to sports wagering. This bill would provide
for four types of licenses to be issued related to sports betting. This bill would establish
license requirements and prohibitions. This bill would authorize licensing fees. This bill
would define the duties of an operator conducting sports wagering. This bill would require
the posting of betting limits. This bill would authorize sports wagering...
alisondb.legislature.state.al.us/alison/searchableinstruments/2020RS/bills/HB336.htm - 61K - Match Info - Similar pages
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