SB349
SB349 ENGROSSED By Senator Ward A BILL TO BE ENTITLED AN ACT Relating to crimes and offenses, corrections, and pardons and paroles; to amend Sections 12-25-34, 13A-4-1, 13A-4-2, and 13A-4-3, Code of Alabama 1975, Sections 6, 7, 9, 11, and 18 of Act 2015-185, 2015 Regular Session, now appearing as Sections 13A-8-4.1, 13A-8-8.1, 13A-8-10.25, 13A-8-18.1, 15-22-26.2, and 15-22-29.1, Code of Alabama 1975, respectively, Sections 13A-5-6 and 15-18-8, Code of Alabama 1975, as last amended by Act 2015-463, 2015 Regular Session, and Sections 12-25-32, 15-18-172, 15-22-29, 15-22-32, 15-22-52, 15-22-54, and 29-2-20, Code of Alabama 1975, as last amended by Act 2015-185, 2015 Regular Session, to clarify when modifications to the initial voluntary sentencing standards are effective; to modify the predicate monetary values of theft of property in the third degree, theft of lost property in the third degree, theft of services in the third degree, and receiving stolen property in the third degree; to...
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HB446
175363-1:n:03/08/2016:JET/th LRS2016-1014 HB446 By Representative Jones RFD Judiciary Rd 1 17-MAR-16 SYNOPSIS: Under existing law, there are certain periods of confinement that may be imposed for parolees and probationers who violate the terms of parole or probation, with exceptions. Furthermore, significant revisions were made to the criminal justice, corrections, and probation and parole systems during the 2015 Regular Session (Act 2015-185). This bill would further clarify certain provisions of Act 2015-185, 2015 Regular Session, including clarification of when modifications to the initial voluntary sentencing standards are effective and the periods of confinement that may be imposed for violations and would specify that, prior to the imposition of confinement, the parolee or probationer must be presented with a written violation report. This bill would modify the predicate monetary values of theft of property in the third degree, theft of lost property in the third degree, theft of...
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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
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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SB353
SB353 By Senators Hightower, Figures, Glover and Albritton ENROLLED, An Act, Relating to insurance premium finance companies; to amend Sections 27-40-1 and 27-40-8 of the Code of Alabama 1975, to authorize the companies to provide wind mitigation construction financing, subject to approval by the Commissioner of Insurance. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 27-40-1 and 27-40-8 of the Code of Alabama 1975, are amended to read as follows: §27-40-1. "For the purposes of this chapter, the following words and phrases shall have the following meanings: "(1) INSURANCE PREMIUM FINANCE COMPANY. A person engaged in the business of entering into premium finance agreements. "(2) PREMIUM FINANCE AGREEMENT. An agreement by which an insured or prospective insured promises to pay to a premium finance company the amount advanced or to be advanced under the agreement to an insurer or to an insurance agent or broker in payment of premiums on an insurance contract together...
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HB430
175414-1:n:03/09/2016:FC/tj LRS2016-1003 HB430 By Representatives Sessions, Wilcox, Faust, Buskey, Bracy and Williams (JW) RFD Insurance Rd 1 17-MAR-16 SYNOPSIS: Under existing law, insurance premium finance companies finance insurance premiums. This bill would authorize insurance premium finance companies to also provide financing for the charges for wind mitigation construction subject to approval by the Commissioner of Insurance. A BILL TO BE ENTITLED AN ACT Relating to insurance premium finance companies; to amend Sections 27-40-1 and 27-40-8 of the Code of Alabama 1975, to authorize the companies to provide wind mitigation construction financing, subject to approval by the Commissioner of Insurance. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 27-40-1 and 27-40-8 of the Code of Alabama 1975, are amended to read as follows: §27-40-1. "For the purposes of this chapter, the following words and phrases shall have the following meanings: "(1) INSURANCE PREMIUM...
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SB355
175655-2:n:03/15/2016:MCS/th LRS2016-1065 SB355 By Senator Pittman RFD Finance and Taxation General Fund Rd 1 15-MAR-16 SYNOPSIS: Currently, a tax on certain insurance premiums is offset by certain credits, including credits for insurance office facilities and real property investments. This bill would eliminate the real property investment credit and would revise the credits provided for certain office facilities to apply based on the number of insurance company employees in the state. A BILL TO BE ENTITLED AN ACT To amend Section 27-4A-3, Code of Alabama 1975, relating to a tax on certain insurance premiums and credits for certain facilities and real estate investments; to remove certain credits for the investments; and to eliminate the credit for facilities and replace it with credits for the number of employees of insurance carriers. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 27-4A-3, Code of Alabama 1975, is amended to read as follows: §27-4A-3. "(a) Subject...
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HB199
173502-1:n:02/05/2016:LFO-KF*/bdl HB199 By Representative Poole RFD Ways and Means Education Rd 1 11-FEB-16 SYNOPSIS: In order to further provide for efficient and effective budgeting of the revenues of the state, this bill amends the Budget Management Act of 1976 so as to provide for biennial budget periods, annual fiscal accounting, and performance review. Provision is made for the State General Fund and the Education Trust Fund biennial budgets to be considered on alternate years, enrolling sufficient financial detail into each budget so as to adequately define each source of revenue and totals for each budgeted program, cost center, and line item in each budget and the entire appropriation bill by each source of revenue, and to further provide for performance review of the state agencies, departments, boards, bureaus, the Legislature, and institutions of the state. This bill becoming law is contingent upon the constitutional amendment proposed by HB ___ providing for biennial...
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HB224
Rep(s). By Representative Garrett HB224 ENGROSSED A BILL TO BE ENTITLED AN ACT To establish the Alabama Small Business Investment Company Act; to provide for tax credits for taxpayers that make eligible capital contributions to an eligible Alabama small business investment fund; to require the Department of Commerce to accept applications for eligibility as an Alabama small business investment fund and to make determinations of eligibility; to specify the amount of tax credits that may be claimed for eligible contributions; to provide for the carrying forward of credits under certain conditions; to provide procedures for the revocation of tax credits for ineligible contributions; to provide procedures for the exit from the program; to require each small business investment fund to report to the department certain employment and financial information; to require the department to provide certain information regarding whether businesses satisfy certain criteria relating to instate...
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HB429
and use of the proceeds of the taxes; prescribing penalties and fixing punishment for violation of this act; and providing for a referendum. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. This act applies to Washington County. Section 2. As used in this act, the following words have the following meanings: (1) DEPARTMENT. The Department of Revenue. (2) EQUIPMENT. Machinery or tools employed for agriculture, horticulture, livestock, grazing, lawn and garden, construction, industrial, maritime, mining, or forestry usage, including tractors. (3) LEASING TAX. A tax paralleling the tax imposed by the state leasing or renting of tangible personal property statutes, including, but not limited to, Title 40, Chapter 12, Article 4, Code of Alabama 1975. (4) SALES AND USE TAX. A tax paralleling the tax imposed by the state sales and use tax statutes, including, but not limited to, Title 40, Chapter 23, Code of Alabama 1975. Section 3. (a) The County Commission of Washington...
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