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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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SB340
forthwith. "d. The proceeds from the tax of one-half of one percent to the Greene County
Firefighters Association. "e. The proceeds from the tax of two percent to the Greene
County Board of Education. "f. The proceeds from the tax of one-half of one percent to
the Greene County E-911 Communications District. "g. The proceeds from the tax of one
percent to the Greene County Hospital and Nursing Home. "h. The proceeds from the tax
of one-quarter of one percent to the Greene County Industrial Development Board. "i.
The proceeds from the tax of one-quarter of one percent to the Greene County Ambulance Service.
"j. The proceeds from the tax of three-quarters of one percent to the Greene County Housing
Authority. "k. The proceeds from the remaining tax of three-quarters of one percent from
the local gross receipts, tax based upon criteria adopted by the Greene County Gaming Commission,
shall be awarded by the Greene County Gaming Commission to nonprofit organizations that provide...
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SB266
168426-9:n:02/17/2016:JMH*/tj LRS2015-1812R7 SB266 By Senator Blackwell RFD Transportation
and Energy Rd 1 17-FEB-16 SYNOPSIS: This bill would adopt the Uniform Certificate of Title
for Vessels Act. This bill would allow the owner of a vessel to voluntarily obtain a certificate
of title on the vessel and would provide a procedure for the owner of a vessel to make application
with the Alabama State Law Enforcement Agency. This bill would specify the process for perfecting
a security interest on a vessel and provide for the maintenance of records and files regarding
the security agreement. A BILL TO BE ENTITLED AN ACT To adopt the Uniform Certificate of Title
for Vessels Act, to provide for the issuance by the Alabama State Law Enforcement Agency of
certificates of title on vessels; to allow owners of vessels to voluntarily obtain a certificate
of title; to provide for the application process; to provide for the issuance of certificates
of title; and to provide the perfecting of a...
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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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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.
ยง27-29A-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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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
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
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...
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HB241
173341-1:n:02/03/2016:PMG/mfc LRS2016-274 HB241 By Representatives Pringle, South, Sessions,
Morrow, Beech, McCampbell, Williams (JD) and Greer RFD Commerce and Small Business Rd 1 16-FEB-16
SYNOPSIS: This bill would authorize public universities operating schools of medicine to form
a new type of public corporation to be called an authority. This bill would provide procedures
for the incorporation, reincorporation, and dissolution of an authority. This bill would prescribe
powers of an authority, including the power to form university affiliates, the power of eminent
domain, and the power to incur indebtedness. This bill would authorize an authority to exercise
its powers even if doing so would be deemed anticompetitive or monopolistic under federal
or state antitrust laws. This bill would authorize liens on the revenues and assets of an
authority or university affiliate. This bill would exempt an authority and university affiliate
from state taxation and exempt indebtedness issued by...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB241.htm - 53K - Match Info - Similar pages
HB42
172870-1:n:01/06/2016:JET/tj LRS2016-38 HB42 By Representative Johnson (K) RFD Constitution,
Campaigns and Elections Rd 1 02-FEB-16 SYNOPSIS: Under Article V of the United States Constitution,
Congress must call a convention upon the application of the Legislatures of two-thirds of
the states to consider proposed amendments to the Constitution. Proposed amendments must then
be ratified by three-fourths of the states. This bill would adopt the Compact for a Balanced
Budget to facilitate the calling of an Article V constitutional convention with the intent
of amending the United States Constitution to include a balanced budget requirement for Congress.
The Compact would govern membership and withdrawal of Compact members, establish the compact
Commission to promote the Compact and to coordinate performance of obligations under the Compact,
provide procedures for applying for an Article V constitutional convention, specify qualifications
and duties of convention delegates, and establish...
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