SB243
SB243 By Senator Reed ENROLLED, An Act, Relating to universities; to enact the University Authority Act of 2016, to authorize constitutionally created public universities and public universities operating schools of medicine to form a new type of public corporation to be called an authority; to express legislative intent; to establish procedures for incorporation of authorities by universities; to prescribe requirements for and powers of a board of directors and officers of an authority; to prescribe powers of an authority, which includes the power to form university affiliates; to authorize authorities to exercise their powers even if the exercise of such powers would be deemed anticompetitive or monopolistic under federal or state antitrust laws; to grant authorities the power of eminent domain; to authorize authorities to issue obligations such as bonds, notes, and other evidences of indebtedness; to authorize liens on the revenues and assets of an authority or a university...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB243.htm - 47K - Match Info - Similar pages
HB241
173341-1:n:02/03/2016:PMG/mfc LRS2016-274 HB241 By Representatives Pringle, South, Sessions, Morrow, Beech, McCampbell, Williams (JD) and Greer RFD Commerce and Small Business Rd 1 16-FEB-16 SYNOPSIS: This bill would authorize public universities operating schools of medicine to form a new type of public corporation to be called an authority. This bill would provide procedures for the incorporation, reincorporation, and dissolution of an authority. This bill would prescribe powers of an authority, including the power to form university affiliates, the power of eminent domain, and the power to incur indebtedness. This bill would authorize an authority to exercise its powers even if doing so would be deemed anticompetitive or monopolistic under federal or state antitrust laws. This bill would authorize liens on the revenues and assets of an authority or university affiliate. This bill would exempt an authority and university affiliate from state taxation and exempt indebtedness issued by...
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SB127
SB127 By Senator Williams ENROLLED, An Act, To amend Section 13A-8-1 of the Code of Alabama 1975, and to add Sections 13A-8-3.1 and 13A-8-3.2 to the Code of Alabama 1975; to define cargo theft and fifth wheel tampering; to provide penalties; 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. Section 13A-8-1 of the Code of Alabama 1975, is amended to read as follows: §13A-8-1. "The following definitions are applicable in this article unless the context otherwise requires: "(1) DECEPTION occurs when a person knowingly: "a. Creates or confirms another's impression which is false and which the defendant does not believe to be true; or "b. Fails to correct a false...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB127.htm - 13K - Match Info - Similar pages
HB213
173303-1:n:02/01/2016:FC/th LRS2016-314 HB213 By Representative Pringle RFD Transportation, Utilities and Infrastructure Rd 1 11-FEB-16 SYNOPSIS: This bill creates new crimes for theft of cargo in commercial transportation and fifth wheel tampering and would provide 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 enactment by a 2/3 vote unless: it comes within one of a number of specified exceptions; it is approved by the affected entity; or the Legislature appropriates funds, or provides a local source of revenue, to the entity for the purpose. The purpose or effect of this bill would be to require a new or increased expenditure of local funds within the meaning of the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB213.htm - 14K - Match Info - Similar pages
HB367
175072-1:n:03/02/2016:PMG/th LRS2016-921 HB367 By Representative Johnson (K) RFD Financial Services Rd 1 03-MAR-16 SYNOPSIS: This bill would clarify and codify certain powers of credit unions, including, but not limited to, loan purchases, borrowing capacity, mergers, voluntary dissolutions, and other measures to provide parity with products and services offered by federal credit unions. This bill would provide appellate rights for persons affected by a suspension of operation of a credit union. This bill would authorize the Administrator of the Alabama Credit Union Administration to involuntarily merge a credit union into another credit union or another financial institution in certain extenuating circumstances. This bill would modernize the bond provisions covering employees of the Alabama Credit Union Administration by providing that the employees are bonded under the Alabama Division of Risk Management. This bill would provide the Administrator of the Alabama Credit Union...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB367.htm - 75K - Match Info - Similar pages
SB209
SB209 By Senator Holtzclaw ENROLLED, An Act, Relating to credit unions; to amend Sections 5-17-2, 5-17-4, 5-17-6, 5-17-7, 5-17-8, 5-17-10, 5-17-11, 5-17-12, 5-17-13, 5-17-19, 5-17-21, 5-17-22, 5-17-42, 5-17-45, 5-17-46, 5-17-47, 5-17-51, 5-17-52, 5-17-54, and 5-17-55, Code of Alabama 1975; to clarify and codify certain powers of credit unions, including, but not limited to, loan purchases, borrowing capacity, mergers, voluntary dissolutions, and other measures to provide parity with products and services offered by federal credit unions; to provide appellate rights for persons affected by a suspension of operation of a credit union; to authorize the Administrator of the Alabama Credit Union Administration to involuntarily merge a credit union into another credit union or another financial institution in certain extenuating circumstances; to modernize the bond provisions covering employees of the Alabama Credit Union Administration by providing that the employees are bonded under the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB209.htm - 74K - 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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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...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB151.htm - 236K - 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
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