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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...
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SB292
173949-2:n:02/24/2016:LFO-HP/bdl SB292 By Senators Orr and Melson RFD Fiscal Responsibility
and Economic Development Rd 1 24-FEB-16 SYNOPSIS: Under existing law, liquor wholesale licensees
may sell liquor at wholesale to the Alabama Alcoholic Beverage Control Board or as authorized
by the board, other than to a retail licensee of the board. Under existing law, state liquor
stores operated by the Alabama Alcoholic Beverage Control Board and certain licensed private
retail stores may sell liquor at retail. Under existing law, retail licensees of the board
must purchase liquor from the board for resale. This bill would require the Alabama Alcoholic
Beverage Control Board to phase out retail sale of alcoholic beverages by the board prior
to October 1, 2021 but continue all other functions prescribed by law; require the board to
obtain the best available price for fixed assets, equipment, and property; and require the
Department of Economic and Community Affairs to provide certain technical...
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HB459
attorneys, engineers, consultants, and other professionals as the board shall deem necessary
for the conduct of the business of the institute. "(13) To provide grants to educational,
governmental, nonprofit, community-based, workforce development, economic development, and
other organizations and associations engaged in the education, recruitment, training, placement,
and professional development of persons engaged in activities leading to the furtherance of
careers in commercial and industrial construction in accordance with the purposes of
the institute. "(14) To cooperate or partner, or both, with regional and national organizations
promoting construction workforce development, including the sharing of non-monetary marketing
and educational resources and databases, in furtherance of the purposes of the institute.
"(15) To do all things necessary or convenient to carry out the powers and purposes conferred
by this section. "(16) To exercise any and all powers permissible under...
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HB468
176199-1:n:03/23/2016:LFO-LC*/csh HB468 By Representatives Williams (P), Greer and Ball RFD
State Government Rd 1 23-MAR-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 which shall be known as...
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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...
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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...
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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...
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HB270
cell captive insurance companies. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections
27-31B-2, 27-31B-3, 27-31B-6, 27-31B-8, 27-31B-9, 27-31B-12, 27-31B-16, 27-31B-19, 27-31B-20,
27-31B-22, and 27-31B-24, Code of Alabama 1975, are amended to read as follows: §27-31B-2.
"As used in this chapter, the following terms shall have the following meanings, unless
the context clearly indicates otherwise: "(1) AFFILIATED COMPANY. Any company in the
same corporate system as a parent, an industrial insured, or a member organization
by virtue of common ownership, control, operation, or management. "(2) ALIEN CAPTIVE
INSURANCE COMPANY. Any insurance company formed to write insurance business for its parents
and affiliates and licensed pursuant to the laws of an alien jurisdiction which imposes statutory
or regulatory standards in a form acceptable to the commissioner on companies transacting
the business of insurance in that jurisdiction. "(3) ASSOCIATION. Any legal association
of...
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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...
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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...
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