HB467
175401-3:n:03/22/2016:LFO-LC*/bdl HB467 By Representatives Williams (P), Greer and Ball RFD State Government Rd 1 23-MAR-16 SYNOPSIS: Under current law, the Boards of Control of the Teachers Retirement System and the Employees Retirement System are required to report certain information annually and designate an actuary to make a valuation of each system annually. This bill specifies information that must be included in the annual report and actuarial report and requires the Boards of Control to adopt certain reporting standards for investments. A BILL TO BE ENTITLED AN ACT Relating to retirement; to amend Section 16-25-19, Code of Alabama 1975, relating to the administration of the Teachers Retirement System to provide information that must be included in annual reports of the system and actuarial valuations of the system and to provide that the Board of Control of the system shall adopt certain investment reporting standards; and to amend Section 36-27-23, Code of Alabama 1975,...
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SB272
174272-1:n:02/17/2016:LFO-HP/bdl SB272 By Senator Dial RFD Finance and Taxation Education Rd 1 18-FEB-16 SYNOPSIS: Under existing law, the state imposes sales or use taxes upon certain persons, firms, or corporations. Sales of certain items are taxed at a reduced rate. Sales of other items are exempt from the taxes. This bill would increase the state sales and use tax general rate to four and one-half percent on September 1, 2016 and to five percent on September 1, 2017. This bill would phase out the state sales and use taxes on food over a two-year period by reducing the rates by two percentage points per year beginning September 1, 2016. This bill would exempt sales of food from the sales and use taxes beginning September 1, 2017. A BILL TO BE ENTITLED AN ACT To amend Sections 40-23-2 and 40-23-61, Code of Alabama 1975, to increase the state sales and use tax general rates to four and one-half percent on September 1, 2016 and five percent on September 1, 2017; to phase out the state...
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SB376
175401-3:n:03/22/2016:LFO-LC*/bdl SB376 By Senator Bussman RFD Fiscal Responsibility and Economic Development Rd 1 05-APR-16 SYNOPSIS: Under current law, the Boards of Control of the Teachers Retirement System and the Employees Retirement System are required to report certain information annually and designate an actuary to make a valuation of each system annually. This bill specifies information that must be included in the annual report and actuarial report and requires the Boards of Control to adopt certain reporting standards for investments. A BILL TO BE ENTITLED AN ACT Relating to retirement; to amend Section 16-25-19, Code of Alabama 1975, relating to the administration of the Teachers Retirement System to provide information that must be included in annual reports of the system and actuarial valuations of the system and to provide that the Board of Control of the system shall adopt certain investment reporting standards; and to amend Section 36-27-23, Code of Alabama...
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SB180
SB180 ENGROSSED By Senators Dial and Allen A BILL TO BE ENTITLED AN ACT To establish the Alabama Transportation Safety Fund for the receipt of designated revenues to be utilized for the maintenance, improvement, replacement, and construction of state, county, and municipal roads and bridges within the state; to authorize monies in the fund to be expended for the payment for road or bridge projects or as matching funds for any federally-funded road or bridge projects; to restrict the use of monies in the fund; to provide for the establishment of the Alabama Transportation Rehabilitation and Improvement Program (ATRIP) Advisory Committee and to provide that certain funds would be expended only for county projects authorized by the committee; and to require public announcement of new projects and periodic reporting on ongoing projects. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. As used in this act, the following words have the following meanings: (1) DEPARTMENT. The...
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SB267
SB267 ENGROSSED By Senators Hightower, Figures, Glover, Ward, Waggoner, Marsh, Pittman and Albritton A BILL TO BE ENTITLED AN ACT Proposing an amendment to the Constitution of Alabama of 1901, to provide for the distribution and appropriations of payments from settlements and other monies; and to authorize the issuance of revenue bonds using a portion of the Deepwater Horizon Oil Spill Disaster Settlement monies. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. The following amendment to the Constitution of Alabama of 1901, as amended, is proposed and shall become valid as part thereof following approval by a majority of the qualified electors voting thereon in accordance with Sections 284, 285, and 287 of the Constitution of Alabama of 1901, appearing as Sections 284 and 285 of Official Recompilation of the Constitution of Alabama of 1901 as amended: PROPOSED AMENDMENT Section I. This amendment shall be known and may be cited as the Alabama Strategic Investment Initiative....
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HB228
Rep(s). By Representative Weaver HB228 ENROLLED, An Act, To add a new Article 6 to Title 34, Chapter 21, Code of Alabama 1975, relating to the Board of Nursing; to create a Loan Repayment Program for Advanced-Practice Nursing; to establish and describe the program, to be run by the Board of Nursing; to state that the program shall be funded by direct appropriation from the Education Trust Fund; to provide definitions; to outline the procedure for the Board to award loans to applicants and to require loan repayment through work in medically underserved areas, called areas of critical need; to establish provisions for default or other failure to honor loan-repayment contracts between applicants and the Board; and to further provide other requirements and powers of the Board for running the program. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. A new Article 6 of Chapter 21 of Title 34 is added to the Code of Alabama, 1975, to read as follows: ARTICLE 6. Loan-Repayment Program...
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SB227
SB227 ENGROSSED By Senators Reed and Melson A BILL TO BE ENTITLED AN ACT To add a new Article 6 to Title 34, Chapter 21, Code of Alabama 1975, relating to the Board of Nursing; to create a Loan Repayment Program for Advanced-Practice Nursing; to establish and describe the program, to be run by the Board of Nursing; to state that the program shall be funded by direct appropriation from the Education Trust Fund; to provide definitions; to outline the procedure for the Board to award loans to applicants and to require loan repayment through work in medically underserved areas, called areas of critical need; to establish provisions for default or other failure to honor loan-repayment contracts between applicants and the Board; to provide a state income-tax credit for participants; and to further provide other requirements and powers of the Board for running the program. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. A new Article 6 of Chapter 21 of Title 34 is added to the Code...
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SB312
SB312 By Senator Marsh ENROLLED, An Act, To amend Sections 1, 2, and 3 of Act 2015-27, now appearing as Sections 40-18-370 and 40-18-376.2, Code of Alabama 1975, relating to the Alabama Jobs Act, to provide that companies that employed eligible employees by or through a qualifying project located within a former active duty military installation closed by the Base Realignment and Closure process are entitled to an additional jobs credit. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 1, 2, and 3 of Act 2015-27, now appearing as Sections 40-18-370 and 40-18-376.2, and Section 41-23-21, Code of Alabama 1975, are amended to read as follows: §40-18-370. "(a) This article shall be known and may be cited as the Alabama Jobs Act. "(b) The Legislature makes the following findings: "(1) The economic well-being of the citizens of the state will be enhanced by the increased development and growth of employment within Alabama. "(2) It is in the best interests of the state to...
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HB170
organized under Sections 11-58-1 to 11-58-14, inclusive. "(5) Purchases for public hospitals and nursing homes operated by the governing boards of instrumentalities of the state, counties, and municipalities. "(6) Contracts for the purchase, lease, sale, construction, installation, acquisition, improvement, enlargement, or extension of any plant, building, structure, or other facility or any machinery, equipment, furniture, or furnishings therefor designed or intended for lease or sale for industrial development, other than public utilities, under Sections 11-54-80 to 11-54-99, inclusive, or Sections 11-54-20 to 11-54-28, inclusive, or any other statute or amendment to the Constitution of Alabama authorizing the construction of plants or other facilities for industrial development or for the construction and equipment of buildings for public building authorities under Sections 11-56-1 to 11-56-22, inclusive. "(7) The purchase of equipment, supplies, or materials needed, used, and...
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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...
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