SB301
173229-1:n:02/04/2016:PMG/mfc LRS2016-261 SB301 By Senator Orr RFD Fiscal Responsibility and Economic Development Rd 1 24-FEB-16 SYNOPSIS: Under existing law, title loan lenders are not licensed. This bill would provide for the licensure and regulation of title loan lenders by the State Banking Department. This bill would prescribe maximum annual interest rates for title loans. This bill would prescribe procedures when there is a default of a title loan. This bill would prohibit the issuance of a title loan to a person under the age of 19 years. This bill would provide for the enforcement of the act by fines and criminal penalties. Amendment 621 of the Constitution of Alabama of 1901, now appearing as Section 111.05 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, prohibits a general law whose purpose or effect would be to require a new or increased expenditure of local funds from becoming effective with regard to a local governmental entity without...
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SB246
SB246 ENGROSSED By Senators Pittman and Marsh A BILL TO BE ENTITLED AN ACT Relating to the Alabama Community College System; to amend Sections 3, 4, and 5 of Act 2015-125, 2015 Regular Session, now appearing as Sections 16-60-110.1, 16-60-111.4, and 16-60-111.10, Code of Alabama 1975, so as to provide for the operation of the system as a body corporate; and to provide certain powers to the board of trustees of the system relating to the acquisition of and disposition of property. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 3, 4, and 5 of Act 2015-125, 2015 Regular Session, now appearing as Sections 16-60-110.1, 16-60-111.4, and 16-60-111.10 of the Code of Alabama 1975, are amended to read as follows: §16-60-110.1. "(a) There is created the Alabama Community College System as a department of state government body corporate under the name of the Alabama Community College System, which shall replace and succeed to the duties of the Department of Postsecondary...
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HB181
173937-1:n:02/10/2016:FC*/cj LRS2016-597 HB181 By Representative Martin RFD Insurance Rd 1 11-FEB-16 SYNOPSIS: Under existing law, insurance adjusters are defined to be representatives of the insurance company and not of the insured. This bill would provide for the licensing and regulation of public adjusters of insurance claims on behalf of insureds. A BILL TO BE ENTITLED AN ACT Relating to insurance; to provide for the qualifications and procedures for the licensing of public adjusters; to provide definitions and exceptions to the licensing and registration requirements; to require public adjusters to take and pass a written examination, with exception; to provide for nonresident licensing; to require public adjusters to complete a minimum of 24 hours of continuing education on a biennial basis; to provide standards of conduct for public adjusters; to require public adjusters to report administrative action taken against them in other jurisdictions; to give the Commissioner of...
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SB73
SB73 By Senator Holley ENROLLED, An Act, Relating to boards of registrars; to amend Section 17-3-5, Code of Alabama 1975, by increasing from $60 to $80 the daily salary for each member of a board of registrars. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 17-3-5, Code of Alabama 1975, is amended to read as follows: §17-3-5. "(a) Each registrar shall receive a salary in the amount of sixty dollars ($60) eighty dollars ($80) per day for each day's attendance upon business of the board, to be paid by the state and disbursed to the county commissions and disbursed by the county commissions to each registrar on order of a quorum of the board of registrars of the county. The state Comptroller shall issue to each county commission on a monthly basis an amount sufficient to fund these payments plus the employer share of the Social Security or Federal Insurance Corporation Act tax. The county commission will provide to the state Comptroller an invoice itemized to reflect...
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SB170
SB170 By Senator Blackwell ENROLLED, An Act, Relating to the State Insurance Department and the regulation of insurance; to add Chapter 29A to Title 27, Code of Alabama 1975; to provide requirements for maintaining a risk management framework and completing an Own Risk and Solvency Assessment (ORSA), with instructions for filing an ORSA Summary Report with the Commissioner of Insurance; and to provide that documents and other information from an insurer in an assessment would be confidential and privileged except as otherwise provided in this act. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Chapter 29A is added to Title 27, Code of Alabama 1975, to read as follows: Chapter 29A. Risk Management and Own Risk and Solvency Assessment. §27-29A-1. Purpose and Scope. (a) The purpose of this chapter is to provide the requirements for maintaining a risk management framework and completing an Own Risk and Solvency Assessment (ORSA) and provide guidance and instructions for filing...
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SB32
SB32 By Senator Bussman ENROLLED, An Act, Relating to the Alabama Sunset Law; to continue the existence and functioning of the Alabama State Board of Public Accountancy until October 1, 2020, with certain modifications; and to amend Section 34-1-3, Code of Alabama 1975, so as to require diversity in the membership of the board. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Pursuant to the Alabama Sunset Law, the Sunset Committee recommends the continuance of the Alabama State Board of Public Accountancy until October 1, 2020, with the additional recommendation for statutory change as set out in Section 3. Section 2. The existence and functioning of the Alabama State Board of Public Accountancy, created and functioning pursuant to Sections 34-1-1 to 34-1-22, inclusive, and Section 40-12-71, Code of Alabama 1975, is continued until October 1, 2020, and those code sections are expressly preserved. Section 3. Section 34-1-3 of the Code of Alabama 1975, is amended to read as...
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HB65
164062-4:n:01/25/2016:FC/tj LRS2015-122R3 HB65 By Representative Hill (M) RFD Insurance Rd 1 02-FEB-16 SYNOPSIS: This bill would provide further for the regulation of insurance by requiring certain insurers to maintain a risk management framework and complete an Own Risk and Solvency Assessment (ORSA) to be filed with the Commissioner of Insurance; by adopting a law substantially similar to the Risk Management and Own Risk and Solvency Assessment Model Act developed by the National Association of Insurance Commissioners. The bill would provide that documents and other information from an insurer in an assessment would be confidential and privileged except as otherwise provided in the bill. A BILL TO BE ENTITLED AN ACT Relating to the State Insurance Department and the regulation of insurance; to add Chapter 29A to Title 27, Code of Alabama 1975; to provide requirements for maintaining a risk management framework and completing an Own Risk and Solvency Assessment (ORSA), with...
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SB15
services to and on behalf of needy persons. b. a. Nine and nine one-hundredths percent shall be set apart and used for the following purposes only and in the following order: 1. So much thereof as may be necessary for such purpose is hereby appropriated and shall be used by the State Treasurer to pay at their respective maturities the principal and interest that will mature during the then current fiscal year on all bonds at the time outstanding that may have been issued by the State Industrial Development Authority under the provisions of the following acts: (i) Acts 1967, No. 231; (ii) Acts 1971, No. 1420; (iii) Acts 1973, No. 1039; (iv) Acts 1975, No. 1217; (v) Acts 1978, 2nd Ex. Sess., No. 99; (vi) Acts 1981, No. 81-843; (vii) Acts 1983, No. 83-925; and (viii) Acts 1987, No. 87-550. 2. The balance thereafter remaining during each fiscal year shall be paid into the State General Fund. a special fund in the State Treasury to be designated the "General and Mental Health Fund,"...
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SB159
SB159 By Senators Glover and Whatley ENROLLED, An Act, Relating to rescue squads; to amend Sections 36-21-101, 36-21-102, 36-30-1 to 36-30-5, inclusive, and 36-30-7, Code of Alabama 1975, by allowing certain surviving beneficiaries of a member of a rescue squad who is killed in the line of duty to receive free college tuition and compensation. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 36-21-101, 36-21-102, 36-30-1 to 36-30-5, inclusive, and 36-30-7, Code of Alabama 1975, are amended to read as follows: §36-21-101. "As used in this article, unless the context requires otherwise, the following terms shall have the following meanings: "(1) BOARD. Tuition Eligibility Board. "(2) ELIGIBLE PROGRAM. Any program leading to a diploma, certificate, or undergraduate degree in a state college, state community college, state junior college, state technical college, or state university. "(3) RESCUE SQUAD MEMBER. A member of an organized rescue squad of a city, town, county,...
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HB569
Rep(s). By Representative Clouse HB569 ENGROSSED A BILL TO BE ENTITLED AN ACT To authorize the creation of a new public corporation of the State of Alabama to be known as the "Alabama Economic Settlement Authority"; to make Legislative findings; to provide procedures for incorporating the authority; to provide for the members, officers and directors of the authority; to provide for the powers of the authority; to authorize the issuance of bonds by the authority and to provide for the source of payment of, and security for, the bonds; to provide for the form, sale and execution of the bonds; to provide for the disposition of the proceeds of the bonds, including deposits in the Alabama Trust Fund and the General Fund Rainy Day Account of the Alabama Trust Fund and the payment of costs of certain transportation projects; to create a special fund to be known as the "BP Settlement Fund" and to provide for deposits into and withdrawals from the fund; to appropriate and pledge certain...
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