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...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB241.htm - 53K - Match Info - Similar pages
SB234
173998-1:n:02/11/2016:JET*/th LRS2016-627 SB234 By Senator Orr RFD Judiciary Rd 1 16-FEB-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 racketeering...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB234.htm - 41K - 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
SB292
173949-2:n:02/24/2016:LFO-HP/bdl SB292 By Senators Orr and Melson RFD Fiscal Responsibility and Economic Development Rd 1 24-FEB-16 SYNOPSIS: Under existing law, liquor wholesale licensees may sell liquor at wholesale to the Alabama Alcoholic Beverage Control Board or as authorized by the board, other than to a retail licensee of the board. Under existing law, state liquor stores operated by the Alabama Alcoholic Beverage Control Board and certain licensed private retail stores may sell liquor at retail. Under existing law, retail licensees of the board must purchase liquor from the board for resale. This bill would require the Alabama Alcoholic Beverage Control Board to phase out retail sale of alcoholic beverages by the board prior to October 1, 2021 but continue all other functions prescribed by law; require the board to obtain the best available price for fixed assets, equipment, and property; and require the Department of Economic and Community Affairs to provide certain technical...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB292.htm - 78K - 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
HB215
Rep(s). By Representatives Baker, Davis, Faust, McCutcheon, Jones, Shiver, Polizos, Standridge and Rowe HB215 ENROLLED, An Act, Relating to volunteer fire departments; to amend Section 9-3-17, Code of Alabama 1975, relating to certification by the Alabama Forestry Commission; to further provide for the minimum standards for certification, to authorize decertification of departments, and to authorize the commission to adopt rules providing procedures for certification and decertification of volunteer fire departments. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 9-3-17, Code of Alabama 1975, is amended to read as follows: ยง9-3-17. "(a) The term "volunteer fire department" shall apply to and be used to define an organized group of area residents who meet the following requirements for personnel, training and equipment: "(1) The group shall be organized and incorporated under the laws of the State of Alabama as a nonprofit organization or as an authority of a...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB215.htm - 7K - Match Info - Similar pages
SB315
173668-2:n:02/11/2016:FC/mfcLRS2016-493R1 SB315 By Senator Allen RFD Governmental Affairs Rd 1 01-MAR-16 SYNOPSIS: Under existing law, volunteer fire departments are certified by the Alabama Forestry Commission based on minimum requirements specified by law. This bill would further specify the minimum requirements for certification of volunteer fire departments and authorizing decertification of departments. The bill would also authorize the Forestry Commission to adopt rules providing procedures for certification of volunteer fire departments and for the decertification of departments which do not continue to meet the minimum requirements for certification. A BILL TO BE ENTITLED AN ACT Relating to volunteer fire departments; to amend Section 9-3-17, Code of Alabama 1975, relating to certification by the Alabama Forestry Commission; to further provide for the minimum standards for certification, to authorize decertification of departments, and to authorize the commission to adopt rules...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB315.htm - 7K - 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
|