HB526
176321-1:n:04/06/2016:LLR/tj LRS2016-1308 HB526 By Representative Scott RFD Financial Services Rd 1 12-APR-16 SYNOPSIS: This bill would create the Alabama Motor Vehicle Title Loan Act. The bill would: Require licensure by the State Banking Department for a person to act as a title loan lender; provide for the application for licensure; require a bond and a nonrefundable application and investigation fee; provide for inactive licenses, renewal and reactivation of licenses, a fee for the license, and for the denial, suspension, or revocation of licenses. The bill would specify acts which constitute violations for which certain disciplinary actions may be taken; would provide for the imposition of fines and criminal penalties; and would provide remedies for title loans made or serviced without proper licensure. The bill would establish requirements for a title loan agreement; would provide for reclaiming a repossessed motor vehicle under certain circumstances; and would provide payment of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB526.htm - 54K - Match Info - Similar pages
HB326
173229-1:n:02/04/2016:PMG/mfc LRS2016-261 HB326 By Representatives Todd, Hall, Coleman, Moore (M), Rogers, Jackson, England, Melton, Grimsley, Morrow, Beech, Buskey, Howard, Bracy, Polizos, Drummond, Forte, Warren, Greer, Sessions, Gaston, Pringle, Collins, Nordgren, Rowe, Henry, Treadaway and Harper RFD Financial Services Rd 1 25-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...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB326.htm - 47K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB301.htm - 46K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB270.htm - 59K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB181.htm - 53K - Match Info - Similar pages
HB137
173521-1:n:02/04/2016:MCS/tj LRS2016-459 HB137 By Representatives Ingram, Beckman, Sells, Shiver and Polizos RFD Commerce and Small Business Rd 1 09-FEB-16 SYNOPSIS: Existing law provides for the licensing of used motor vehicle dealers and motor vehicle wholesalers. This bill would provide that applicants, other than renewal applicants, for a license as a used motor vehicle dealer or as a motor vehicle wholesaler must obtain certain training prior to obtaining a license. A BILL TO BE ENTITLED AN ACT Relating to obtaining a license as a used motor vehicle dealer or as a motor vehicle wholesaler; to amend Sections 40-12-390 and 40-12-391, Code of Alabama 1975, to further regulate applicants for a license as a used motor vehicle dealer or as a motor vehicle wholesaler; to provide definitions; and to provide for enforcement by the State Department of Revenue. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 40-12-390 and 40-12-391, Code of Alabama 1975, are amended to read...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB137.htm - 12K - Match Info - Similar pages
HB454
person may ride, having two tandem wheels either of which is more than 14 inches in diameter. "(5) BUS. Every motor vehicle designed for carrying more than 10 passengers and used for the transportation of persons; and every motor vehicle other than a taxicab, designed and used for the transportation of persons for compensation. "(6) BUSINESS DISTRICT. The territory contiguous to and including a highway when within any 600 feet along such highway there are buildings in use for business or industrial purposes, including, but not limited to, hotels, banks or office buildings, railroad stations and public buildings which occupy at least 300 feet of frontage on one side or 300 feet collectively on both sides of the highway. "(7) CANCELLATION OF DRIVER'S LICENSE. The annulment or termination by formal action of the Director of Public Safety of a person's driver's license because of some error or defect in the license or because the licensee is no longer entitled to such license, but the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB454.htm - 22K - Match Info - Similar pages
SB178
173421-1:n:02/04/2016:JMH/th LRS2016-98 SB178 By Senator Marsh RFD Transportation and Energy Rd 1 09-FEB-16 SYNOPSIS: This bill would authorize the operation of autonomous motor vehicles on the public roads of the state and would require that each make and model of autonomous vehicle be tested and approved for use before being operated on a public road by anyone other than a licensed tester. This bill would provide that the Alabama State Law Enforcement Agency (ALEA) would license all persons authorized to test autonomous vehicles. This bill would specify criteria for testing of autonomous technology on the roads of the state. This bill would require each autonomous vehicle operated on the public roads to carry insurance. This bill would authorize ALEA to create a new endorsement on the driver's license and specify additional testing requirements for persons authorized to operate approved autonomous vehicles. A BILL TO BE ENTITLED AN ACT To authorize the operation of autonomous motor...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB178.htm - 12K - Match Info - Similar pages
HB556
177178-3:n:04/19/2016:LFO-KF/bdl HB556 By Representatives Ingram and Clouse RFD Ways and Means General Fund Rd 1 19-APR-16 SYNOPSIS: Under current law, the Department of Revenue collects a fee for issuing and processing certain motor vehicle titles. This bill levies an additional processing fee for issuing and processing such titles and provide for the distribution of proceeds. A BILL TO BE ENTITLED AN ACT To amend Sections 32-8-6, 32-8-87, and 32-20-4, Code of Alabama 1975, relating to motor vehicle titles; to levy an additional processing fee for issuing and processing certain motor vehicle titles; and to provide for the distribution of proceeds. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 32-8-6, 32-8-87, and 32-20-4, Code of Alabama 1975, are hereby amended to read as follows: §32-8-6. "(a) There shall be paid to the department for issuing and processing documents required by this chapter a fee of fifteen dollars ($15) plus an additional processing fee of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB556.htm - 41K - Match Info - Similar pages
SB91
SB91 ENGROSSED By Senator Orr A BILL TO BE ENTITLED AN ACT To amend Sections 5-18A-3, 5-18A-6, 5-18A-12, and 5-18A-13, Code of Alabama 1975, relating to the business of deferred presentment services; to increase the nonrefundable license fee and provide that one half of the increase would be paid to the State Banking Department and one half to the General Fund; to expand the licensure requirements for any person engaged in the business of deferred presentment services to include services offered by mail, telephone, Internet, mobile device application, or in person; to provide that a person who attempts to evade the licensure requirement for the business of deferred presentment services would be guilty of a criminal offense; to provide penalties; to further regulate the business of deferred presentment services by regulating the fees, interest, number of loans, term of a loan, finance charges, and repayment of a loan; and in connection therewith would have as its purpose or effect the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB91.htm - 18K - Match Info - Similar pages
|