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HB10
172810-1:n:01/06/2016:PMG/tj LRS2015-3459 HB10 By Representative Ford RFD Economic Development
and Tourism Rd 1 02-FEB-16 SYNOPSIS: Under existing law, lotteries and gift enterprises are
prohibited. This bill would propose an amendment to Section 65 of the Constitution of Alabama
of 1901, to establish an Alabama Lottery to fund scholarships, to create an Alabama Lottery
Corporation to implement and to regulate the operation of such lottery, and to prohibit the
operation of casinos in the state. The amendment dedicates the net proceeds from the lottery
to the Lottery Trust Fund for scholarships for qualifying students to attend a public two-
or four-year college located in Alabama. The amendment also establishes the Lottery Trust
Fund and authorizes the Legislature to pass general laws to implement the amendment. A BILL
TO BE ENTITLED AN ACT Proposing an amendment to Section 65 of the Constitution of Alabama
of 1901, now appearing as Section 65 of the Official Recompilation of the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB10.htm - 8K - Match Info - Similar pages
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
HB93
Rep(s). By Representatives Baker and Jones HB93 ENROLLED, An Act, Relating to Escambia County;
to amend Section 45-27-246.30 of the Code of Alabama 1975, relating to the Escambia Oil and
Gas Severance Trust, to further provide for investments in certificates of deposit. BE IT
ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 45-27-246.30 of the Code of Alabama
1975, is amended to read as follows: §45-27-246.30. "(a) The Legislature recognizes
that there has been a certain windfall to Escambia County paid during the fiscal year 1983-84
and arising under the oil and gas severance tax levied under provisions of Section 40-20-2,
and distributed under Section 40-20-8. The legislative intent of this section is to establish
a trust fund, the corpus of which is to be composed of four million dollars ($4,000,000) from
the oil and gas severance tax paid to Escambia County during the fiscal year of 1983-84 together
with 20 percent of the annual income thereon each year during the...
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SB354
SB354 By Senators Glover, Allen, Shelnutt, Scofield and Albritton ENROLLED, An Act, To amend
Sections 34-27-32, Code of Alabama 1975, relating to the Alabama Real Estate License Law;
to provide that an applicant for real estate licensure in this state whose application for
real estate licensure in another state has been rejected more than two years from the date
of his or her application for real estate licensure in this state may not be issued a license
without the approval of the commissioners; to require the commission to conduct both state
and national criminal history background checks before a real estate license could be issued;
and to require each applicant to submit required information to the appropriate state and
federal agencies or a fingerprint processing service. BE IT ENACTED BY THE LEGISLATURE OF
ALABAMA:Section 1. Sections 34-27-32, Code of Alabama 1975, is amended to read as follows:
§34-27-32. "(a) A license for a broker or a salesperson shall be registered to a...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB354.htm - 12K - Match Info - Similar pages
HB209
173402-2:n:02/09/2016:PMG/th LRS2016-404R1 HB209 By Representative Ford RFD Economic Development
and Tourism Rd 1 11-FEB-16 SYNOPSIS: Under existing law, lotteries and gift enterprises are
prohibited. This bill would propose an amendment to Section 65 of the Constitution of Alabama
of 1901, to establish an Alabama Lottery to fund scholarships and to create an Alabama Lottery
Corporation to implement and to regulate the operation of such lottery. The amendment dedicates
the net proceeds from the lottery to the Lottery Trust Fund for scholarships for qualifying
students to attend a public two- or four-year college located in Alabama. The amendment also
establishes the Lottery Trust Fund and authorizes the Legislature to pass general laws to
implement the amendment. A BILL TO BE ENTITLED AN ACT Proposing an amendment to Section 65
of the Constitution of Alabama of 1901, now appearing as Section 65 of the Official Recompilation
of the Constitution of Alabama of 1901, as amended, to...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB209.htm - 7K - Match Info - Similar pages
SB169
after the due date of the premium in default, an actuarially equivalent alternative paid-up
nonforfeiture benefit which provides a greater amount or longer period of death benefits or,
if applicable, a greater amount or earlier payment of endowment benefits. (2) That, upon surrender
of the policy within 60 days after the due date of any premium payment in default after premiums
have been paid for at least three full years in the case of ordinary insurance or five full
years in the case of industrial insurance, the insurer will pay, in lieu of any paid-up
nonforfeiture benefit, a cash surrender value of such amount as may be specified in this article.
(3) That a specified paid-up nonforfeiture benefit shall become effective as specified in
the policy unless the person entitled to make such election elects another available option
not later than 60 days after the due date of the premium in default. (4) That, if the policy
shall have become paid up by completion of all premium payments,...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB169.htm - 109K - Match Info - Similar pages
SB330
175097-1:n:03/07/2016:PMG/th LRS2016-916 SB330 By Senator Ward RFD Banking and Insurance Rd
1 08-MAR-16 SYNOPSIS: Under existing law, lenders of $1,000 or less are licensed and regulated
under the Alabama Small Loan Act. This bill would authorize non-bank lenders to issue short-term
unsecured loans, known as flex loans. This bill would provide for the licensure and regulation
of lenders of flex loans by the State Banking Department. This bill would establish the maximum
interest rate and maximum duration of a flex loan and provide for fees that may be charged
to a customer. This bill would set qualifications, including financial guarantees, for lenders
and provide civil penalties for violations by lenders. This bill would also authorize the
State Banking Department to enforce the provisions of this act and promulgate rules. A BILL
TO BE ENTITLED AN ACT Relating to short-term loans; to authorize non-bank lenders to issue
short-term unsecured loans, known as flex loans; to provide for...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB330.htm - 39K - Match Info - Similar pages
SB54
SB54 ENGROSSED By Senator Ward A BILL TO BE ENTITLED AN ACT Relating to the Alabama Trails
Commission; to amend Sections 41-23-140 and 41-23-141, Code of Alabama 1975, to further provide
for the membership of the commission and the advisory board; to provide for terms; and to
provide that the commission may be transferred for administrative and staff purposes to another
state agency or department. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections
41-23-140 and 41-23-141, Code of Alabama 1975, are amended to read as follows: §41-23-140.
"(a) For the purposes of this article, the term trail means any form of paved or unpaved
trail including freshwater and saltwater paddling trails. The term trail user community includes,
but is not limited to, the following: Paved and unpaved trail users, hikers, off-road bicyclists,
users of off-road off-highway vehicles, paddlers, equestrians, disabled outdoor recreational
users, and commercial recreational interests. "(b) There is...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB54.htm - 11K - Match Info - Similar pages
SB87
171531-1:n:08/25/2015:LFO-RR/bdl SB87 By Senator Orr RFD Finance and Taxation General Fund
Rd 1 02-FEB-16 SYNOPSIS: Amendment 617 to the Constitution of Alabama of 1901, now appearing
as Section 213.32 of the Official Recompilation of the Constitution of Alabama of 1901, as
amended, provides for the issuance and sale of general obligation bonds of the State of Alabama
for the purpose of the acquisition, provision, construction, improvement, renovation, equipping,
and maintenance of the State Park System, public historical sites and public historical parks.
All state park system land and facilities must be exclusively and solely operated and maintained
by the Department of Conservation and Natural Resources. This proposed amendment would except
the operation of state park land and facilities at those state parks which offer overnight
lodging accommodations to transients, or a golf course, or both, from the requirement to be
exclusively and solely operated and maintained by the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB87.htm - 11K - 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
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