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SB387
176199-1:n:03/23/2016:LFO-LC*/csh SB387 By Senators Stutts, Bussman and Pittman RFD Fiscal
Responsibility and Economic Development Rd 1 05-APR-16 SYNOPSIS: This bill provides certain
governance provisions that shall apply to the Boards of Control of the Teachers Retirement
System and the Employees Retirement System. A BILL TO BE ENTITLED AN ACT Relating to retirement;
to amend Sections 16-25-19, 16-25-20, 36-27-23, and 36-27-25, Code of Alabama 1975, to specify
certain governance provisions that shall apply to the Boards of Control of the Teachers
Retirement System and the Employees Retirement System. BE IT ENACTED BY THE LEGISLATURE
OF ALABAMA:Section 1. Sections 16-25-19, 16-25-20, 36-27-23, and 36-27-25, Code of Alabama
1975, are hereby amended to read as follows: §16-25-19. "(a) The general administration
and responsibility for the proper operation of the retirement system and for making effective
the provisions of this chapter are hereby vested in a board of trustees...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB387.htm - 34K - Match Info - Similar pages
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,...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB467.htm - 24K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB376.htm - 24K - Match Info - Similar pages
HB321
174083-2:n:02/24/2016:KMS*/cj LRS2016-633R1 HB321 By Representatives Faust, Shiver, Sessions,
Gaston, Baker, McMillan, Bracy, Buskey, Pringle, Williams (JW), Wilcox, Davis, Clarke, Drummond
and Jackson RFD Insurance Rd 1 25-FEB-16 SYNOPSIS: Under existing law, all insurers authorized
and writing property insurance in the State of Alabama are required to be members of the Alabama
Insurance Underwriting Association, which was established to provide a method whereby essential
property insurance coverage would be provided in any county contiguous to the Gulf of Mexico
and Mobile Bay. This bill would create the Alabama Coastal Insurance Authority for the purpose
of providing affordable windstorm insurance for owners of insurable property in any county
contiguous to the Gulf of Mexico and Mobile Bay. This bill would provide for the selection
of the board of directors of the authority. This bill would provide for the adoption of the
plan of operation of the authority, including the process...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB321.htm - 38K - Match Info - Similar pages
SB243
SB243 By Senator Reed ENROLLED, An Act, Relating to universities; to enact the University Authority
Act of 2016, to authorize constitutionally created public universities and public universities
operating schools of medicine to form a new type of public corporation to be called an authority;
to express legislative intent; to establish procedures for incorporation of authorities by
universities; to prescribe requirements for and powers of a board of directors and officers
of an authority; to prescribe powers of an authority, which includes the power to form university
affiliates; to authorize authorities to exercise their powers even if the exercise of such
powers would be deemed anticompetitive or monopolistic under federal or state antitrust laws;
to grant authorities the power of eminent domain; to authorize authorities to issue obligations
such as bonds, notes, and other evidences of indebtedness; to authorize liens on the revenues
and assets of an authority or a university...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB243.htm - 47K - Match Info - Similar pages
SB298
174083-2:n:02/24/2016:KMS*/cj LRS2016-633R1 SB298 By Senators Hightower and Pittman RFD Banking
and Insurance Rd 1 24-FEB-16 SYNOPSIS: Under existing law, all insurers authorized and writing
property insurance in the State of Alabama are required to be members of the Alabama Insurance
Underwriting Association, which was established to provide a method whereby essential property
insurance coverage would be provided in any county contiguous to the Gulf of Mexico and Mobile
Bay. This bill would create the Alabama Coastal Insurance Authority for the purpose of providing
affordable windstorm insurance for owners of insurable property in any county contiguous to
the Gulf of Mexico and Mobile Bay. This bill would provide for the selection of the board
of directors of the authority. This bill would provide for the adoption of the plan of operation
of the authority, including the process for post-loss assessments of policyholders and assessable
insurers. This bill would authorize the sale of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB298.htm - 38K - Match Info - Similar pages
HB502
Rep(s). By Representative South HB502 ENROLLED, An Act, Relating to Fayette County; to amend
Sections 45-29-140.04 and 45-29-140.06 of the Code of Alabama 1975, relating to the Fayette
County Water Coordinating and Fire Prevention Authority; to further provide for the members
of the board of directors; and to delete the provision exempting the authority from the competitive
bid laws of the state. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 45-29-140.04
and 45-29-140.06 of the Code of Alabama 1975, are amended to read as follows: §45-29-140.04.
"(a) The Fayette County Water Coordinating and Fire Prevention Authority shall be governed
by a board of directors. All powers of the authority shall be exercised by the board or pursuant
to its authorization. "(b) The initial board of directors shall consist of the three
citizens appointed to incorporate the authority and four other directors to be appointed within
45 days after the date the authority is incorporated as...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB502.htm - 8K - Match Info - Similar pages
HB367
175072-1:n:03/02/2016:PMG/th LRS2016-921 HB367 By Representative Johnson (K) RFD Financial
Services Rd 1 03-MAR-16 SYNOPSIS: This bill would clarify and codify certain powers of credit
unions, including, but not limited to, loan purchases, borrowing capacity, mergers, voluntary
dissolutions, and other measures to provide parity with products and services offered by federal
credit unions. This bill would provide appellate rights for persons affected by a suspension
of operation of a credit union. This bill would authorize the Administrator of the Alabama
Credit Union Administration to involuntarily merge a credit union into another credit union
or another financial institution in certain extenuating circumstances. This bill would modernize
the bond provisions covering employees of the Alabama Credit Union Administration by providing
that the employees are bonded under the Alabama Division of Risk Management. This bill would
provide the Administrator of the Alabama Credit Union...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB367.htm - 75K - Match Info - Similar pages
HB512
176070-2:n:03/29/2016:KMS/mfc LRS2016-1248R1 HB512 By Representatives Fridy, South, Williams
(P), Weaver, Williams (JD), Rich, Pettus, Williams (JW), Butler, Henry, Ainsworth, Mooney,
Moore (B), Greer, Carns, Drake, Holmes (M) and Lee RFD State Government Rd 1 07-APR-16 SYNOPSIS:
This bill would prohibit officers and employees of the Alabama Education Association, Alabama
High School Athletic Association, Alabama Association of School Boards, Alabama Council for
School Administration and Supervision, Alabama Vocational Association, Alabama Congress of
Parents and Teachers, Alabama Opportunities Industrialization Center, Developing Alabama Youth
Foundation, Tennessee Valley Rehabilitation Center, Inc., American Federation of Teachers,
School Superintendents of Alabama, Alabama Higher Education Partnership, Inc., Alabama State
Employees' Association, Alabama Retired State Employees' Association, State Employees' Credit
Union, and certain community action agencies, hired on or after...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB512.htm - 58K - Match Info - Similar pages
SB209
SB209 By Senator Holtzclaw ENROLLED, An Act, Relating to credit unions; to amend Sections 5-17-2,
5-17-4, 5-17-6, 5-17-7, 5-17-8, 5-17-10, 5-17-11, 5-17-12, 5-17-13, 5-17-19, 5-17-21, 5-17-22,
5-17-42, 5-17-45, 5-17-46, 5-17-47, 5-17-51, 5-17-52, 5-17-54, and 5-17-55, Code of Alabama
1975; to clarify and codify certain powers of credit unions, including, but not limited to,
loan purchases, borrowing capacity, mergers, voluntary dissolutions, and other measures to
provide parity with products and services offered by federal credit unions; to provide appellate
rights for persons affected by a suspension of operation of a credit union; to authorize the
Administrator of the Alabama Credit Union Administration to involuntarily merge a credit union
into another credit union or another financial institution in certain extenuating circumstances;
to modernize the bond provisions covering employees of the Alabama Credit Union Administration
by providing that the employees are bonded under the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB209.htm - 74K - Match Info - Similar pages
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