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
HB442
175889-1:n:03/16/2016:JET/tj LRS2016-1211 HB442 By Representative Hill (J) RFD Judiciary Rd 1 17-MAR-16 SYNOPSIS: This bill would create the Alabama RICO (Racketeer Influenced and Corrupt Organizations) Act to provide criminal penalties and other sanctions for those who engage in racketeering activity or patterns of racketeering activity. This bill would prohibit a person, through a pattern of racketeering activity or proceeds derived therefrom, from acquiring or maintaining, directly or indirectly, any interest in or control of any enterprise, real property, or personal property of any nature, including money, and would prohibit a person employed by or associated with any enterprise to conduct or participate in, directly or indirectly, an enterprise through a pattern of racketeering activity. This bill would allow courts to enjoin certain violations of the act to protect the rights of innocent persons and would provide that all property of every kind used or derived from a pattern of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB442.htm - 19K - Match Info - Similar pages
HB85
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/HB85.htm - 110K - 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
HB5
172333-2:n:11/19/2015:FC/tj LRS2015-3083R1 HB5 By Representative Hill (M) RFD State Government Rd 1 02-FEB-16 SYNOPSIS: Under existing law, the State Personnel Board has established a tax deferred compensation plan for employees of the state or a municipality, county, or other public entity electing to participate in the plan. This bill would authorize entities participating in the plan to enroll employees in the plan upon employment with an option to opt out of the plan within 90 days after enrollment. A BILL TO BE ENTITLED AN ACT To amend Section 36-26-14, Code of Alabama 1975, as amended by Act 2015-83, providing for the establishment of a tax deferred compensation plan by the State Personnel Board, to authorize entities participating in the plan to enroll employees in the plan with provisions for the employee to opt out under certain conditions. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 36-26-14, Code of Alabama 1975, as amended by Act 2015-83, is amended to...
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HB17
172333-3:n:01/05/2016:FC/tj LRS2015-3083R2 HB17 By Representative Hill (M) RFD State Government Rd 1 02-FEB-16 SYNOPSIS: Under existing law, the State Personnel Board has established a tax deferred compensation plan for employees of the state or a municipality, county, or other public entity electing to participate in the plan. This bill would authorize entities participating in the plan to enroll employees in the plan upon employment for a certain amount per pay period with an option to opt out of the plan within 90 days after enrollment. A BILL TO BE ENTITLED AN ACT To amend Section 36-26-14, Code of Alabama 1975, as amended by Act 2015-83, providing for the establishment of a tax deferred compensation plan by the State Personnel Board, to authorize entities participating in the plan to enroll employees in the plan for a certain amount per pay period with provisions for the employee to opt out under certain conditions. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB17.htm - 7K - Match Info - Similar pages
SB187
172333-4:n:02/04/2016:FC/tj LRS2015-3083R3 SB187 By Senator Williams RFD Fiscal Responsibility and Economic Development Rd 1 09-FEB-16 SYNOPSIS: Under existing law, the State Personnel Board has established a tax deferred compensation plan for employees of the state or a municipality, county, or other public entity electing to participate in the plan. This bill would authorize entities participating in the plan to enroll employees in the plan upon employment for a certain amount per pay period with an option to opt out of the plan within 90 days after enrollment. A BILL TO BE ENTITLED AN ACT To amend Section 36-26-14, Code of Alabama 1975, as amended by Act 2015-83, providing for the establishment of a tax deferred compensation plan by the State Personnel Board, to authorize entities participating in the plan to enroll employees in the plan upon employment for a certain amount per pay period with provisions for the employee to opt out under certain conditions. BE IT ENACTED BY THE...
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SB200
SB200 By Senator McClendon ENROLLED, An Act, Relating to elections; to amend Section 17-4-2, Code of Alabama 1975, and to add Section 17-4-2.1 to the Code of Alabama 1975, to authorize the Secretary of State to implement a pilot program for the use of electronic poll books in lieu of printed lists of qualified voters. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 17-4-2, Code of Alabama 1975, is amended to read as follows: §17-4-2. "The board of registrars, when registration is closed before a primary, general, or special election, shall certify to the Secretary of State any additions, deletions, corrections, or changes to the state voter registration list. After Except as provided in Section 17-4-2.1, after registration has closed and within the 10-day period before an election, the judge of probate and municipal election officials shall prepare and print a report from the state voter registration list of the correct alphabetical lists of the qualified electors...
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SB49
SB49 By Senator Bussman ENROLLED, An Act, Relating to the Alabama Sunset Law; to continue the existence and functioning of the State Board of Examiners in Psychology until October 1, 2020, with certain modifications; and to amend Section 34-26-21, Code of Alabama 1975, so as to require diversity in the membership of the board. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. Pursuant to the Alabama Sunset Law, the Sunset Committee recommends the continuance of the State Board of Examiners in Psychology until October 1, 2020, with the additional recommendation for statutory change as set out in Section 3. Section 2. The existence and functioning of the State Board of Examiners in Psychology, created and functioning pursuant to Sections 34-26-1 to 34-26-66, inclusive, Code of Alabama 1975, is continued until October 1, 2020, and those code sections are expressly preserved. Section 3. Section 34-26-21 of the Code of Alabama 1975, is amended to read as follows: "§34-26-21. "(a)(1)...
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HB104
OF FUNDS: Alabama State Board of Chiropractic Examiner's Fund 504,000 As provided in Section 34-24-143, Code of Alabama 1975. Total Chiropractic Examiners, Alabama State Board of 504,000 504,000 Choctawhatchee, Pea and Yellow Rivers Watershed Management Authority: Water Resource Development Program 10,000 10,000 SOURCE OF FUNDS: Choctawhatchee, Pea and Yellow Rivers Fund 10,000 Total Choctawhatchee, Pea and Yellow Rivers Watershed Management Authority 10,000 10,000 Commerce, Department of: Industrial Development Program 5,010,544 350,000 5,360,544 Of the above appropriation, $75,000 shall be expended for the Robotics Technology Park. Skills Enhancement and Employment Opportunities Program 759,456 41,686,938 42,446,394 SOURCE OF FUNDS: State General Fund 5,770,000 Departmental Receipts 350,000 Federal and Local Funds 41,686,938 Total Commerce, Department of 5,770,000 42,036,938 47,806,938 Conservation and Natural Resources, Department of: State Land Management Program 20,049,291...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB104.htm - 207K - Match Info - Similar pages
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