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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...
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HB34
(1) GROWING ALABAMA CREDIT. The credit provided for in Section 40-18-413(a). (2) INDUSTRY OR
BUSINESS. An entity which would conduct at a site an activity that is primarily described
in Section 40-18-372(1). (3) LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS. Organizations which
are determined by the Department of Commerce to meet both of the following criteria: a. The
organization is an Alabama entity not operating for a profit, including, but not limited to,
a municipality or county, an industrial board or authority, a chamber of commerce,
or some other foundation or Alabama nonprofit corporation charged with improving a community
or region of the state; and b. The organization has a record of supporting or otherwise participating
in economic development activities in some part of Alabama. (4) RENEWAL OF ALABAMA COMMISSION.
The Renewal of Alabama Commission created by Section 40-18-402. (5) SITE. Real property owned
by a local economic development organization and intended for use...
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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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HB117
$400,000 shall be expended for the Alabama Center for the Arts. SOURCE OF FUNDS: ETF 4,734,496
Federal and Local Funds 873,800 Total Arts, State Council on the 4,734,496 873,800 5,608,296
Child Abuse and Neglect Prevention, Department of: Social Services Program 927,148 927,148
In accordance with Sections 26-16-1 et seq., Code of Alabama 1975. SOURCE OF FUNDS: ETF-Transfer
927,148 Total Child Abuse and Neglect Prevention, Department of 927,148 927,148 Commerce,
Department of: Industrial Development Training Institute Program 55,124,479 55,124,479
Of the above appropriation, $6,440,154 shall be expended for the Industrial Development
and Training Program; $5,513,341 shall be expended for the Industrial Training Program
- Operations and Maintenance; $750,000 shall be expended for a marketing campaign for technical
education; and $42,420,984 shall be expended for Workforce Development, of which $500,000
shall be expended for the Alabama Workforce Training Center and...
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HB167
Rep(s). By Representative Hill (M) HB167 ENGROSSED A BILL TO BE ENTITLED AN ACT Relating to
the Alabama Massage Therapy Licensure Act; to amend Sections 34-43-3, 34-43-5, 34-43-6, 34-43-7,
34-43-9, 34-43-11, 34-43-12, 34-43-14, 34-43-15, 34-43-17, 34-43-20, and 34-43-21, Code of
Alabama 1975, and to repeal Section 34-43-10, Code of Alabama 1975; to delete any reference
to a temporary permit to practice massage therapy; to expand the definition of therapeutic
massage and extend exemptions to the act; to delete antiquated language; to provide compensation
for board members; to change the name of the executive secretary to executive director; to
provide an excuse for absences from board meetings; to delete requirements that the oath of
office of board members be filed with the Governor and that certificates of appointments be
issued; to remove a retesting limit; to increase the minimum hours of supervised course instruction
for licensure; to require that applicants for licensure be 18...
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SB317
SB317 By Senators Allen and Waggoner ENROLLED, An Act, Relating to athlete agents, to enact
the Revised Uniform Athlete Agents Act, to provide for the registration of athlete agents
and the regulation of the relationship between athlete agents and student athletes; to provide
definitions, licensing requirements, reciprocal licensing, agency contract requirements, notification
requirements, criminal and civil penalties, and civil remedies; and, in this connection, to
add Chapter 26B (commencing with Section 8-26B-1), and repeal Chapter 26A (commencing with
Section 8-26A-1) of, Title 8 of the Code of Alabama 1975; and in connection therewith would
have as its purpose or effect the requirement of a new or increased expenditure of local funds
within the meaning of 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. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1....
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HB515
Rep(s). By Representative Robinson HB515 ENROLLED, An Act, Relating to any Class 1 municipality;
to amend Sections 45-37A-52.55, 45-37A-52.56, 45-37A-52.59, 45-37A-52.95, 45-37A-52.128, 45-37A-52.134,
45-37A-52.198, 45-37A-52.200, and 45-37A-52.270 of the Code of Alabama 1975, relating to the
mayor-council form of government; to further provide for the powers and duties of the mayor
and the council. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 45-37A-52.55,
45-37A-52.56, 45-37A-52.59, 45-37A-52.95, 45-37A-52.128, 45-37A-52.134, 45-37A-52.198, 45-37A-52.200,
and 45-37A-52.270 of the Code of Alabama 1975, are amended to read as follows: §45-37A-52.55.
"The At the first meeting, which shall be held immediately following the effective date
of the act adding this amendatory language, and then subsequently at the first meeting held
after the election of the council after the effective date of the act adding this amendatory
language and every two years thereafter, the...
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HB202
Rep(s). By Representative Poole HB202 ENROLLED, An Act, To adopt a revised Alabama Limited
Partnership Law as Chapter 9A of Title 10A of the Code of Alabama 1975; to provide for the
various processes of formation of a limited partnership; to provide default provisions; to
provide that certain obligations of a limited partnership may not be modified in the agreement;
to specify the information required to be included in various filings; to specify that when
both the converting entity and the converted entity are domestic entities, the statement of
conversion and the certificate of formation would be filed simultaneously with the Secretary
of State; to make various harmonizing changes to the limited liability company law; to amend
Sections 10A-1-1.03, 10A-1-1.06, 10A-1-1.08, 10A-1-4.26, 10A-1-6.02, 10A-1-6.13, 10A-1-6.25,
10A-1-7.07, 10A-5A-1.10, 10A-5A-4.01, 10A-5A-5.04, 10A-5A-7.01, 10A-5A-7.02, 10A-5A-10.03,
10A-5A-10.04, 10A-5A-10.07, and 10A-5A-10.08, Code of Alabama 1975; and to...
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SB151
173107-4:n:02/08/2016:JMH/hh LRS2015-3468R2 SB151 By Senator Ward RFD Judiciary Rd 1 09-FEB-16
SYNOPSIS: This bill would revise the Alabama Limited Partnership Law as Chapter 9A of Title
10A of the Code of Alabama 1975. This bill would harmonize the existing limited partnership
law and the existing limited liability company law by reducing the differences between the
two laws. This bill would harmonize, to the extent possible, the various processes of formation,
filings, notice, amendment and restatement of certificates of formation, admission of limited
partners and general partners, contributions and distributions, dissociation of partners and
the effects thereof, transfers of interests, charging orders, rights of personal representatives,
dissolution and winding up, direct and derivative actions, and conversions and mergers. This
bill would continue to specify various default provisions which would apply to a partnership
agreement unless modified by the partners in the partnership...
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