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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
SB337
SB337 ENGROSSED By Senator Blackwell A BILL TO BE ENTITLED AN ACT To amend Section 19-3B-508
of the Code of Alabama 1975, relating to qualified trusts under the federal tax code; to further
define the term qualified trust; to provide for the treatment of benefits of such trusts for
purposes of assignment or alienation of such accounts and the exclusion from federal bankruptcy
and insolvency laws. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 19-3B-508
of the Code of Alabama 1975, is amended to read as follows: §19-3B-508. "(e)(a) As used
in this section: "(1) ASSIGNMENT or ALIENATION, and any conjugation thereof, includes
any anticipation, assignment at law or in equity, alienation, attachment, garnishment, levy,
execution, or other legal or equitable process. The term includes: (i) any arrangement providing
for the payment to the employer or other sponsor of such plan of benefits that otherwise would
be due the participant under the plan; (ii) any direct or indirect...
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SB270
SB270 By Senator Williams ENROLLED, An Act, To amend Section 8-19-10, Code of Alabama 1975,
relating to the Alabama Deceptive Trade Practices Act; to provide that the limitation provided
by the act that prevents a consumer from bringing an action on behalf of a class, except through
a district attorney or the office of the Attorney General is substantive in nature, and that
to allow such actions would abridge, enlarge, or modify the substantive rights created by
this chapter. BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Section 8-19-10, Code
of Alabama 1975, is amended to read as follows: §8-19-10. "(a) Any person who commits
one or more of the acts or practices declared unlawful under this chapter and thereby causes
monetary damage to a consumer, and any person who commits one or more of the acts or practices
declared unlawful in subdivisions (19) and (20) of Section 8-19-5 and thereby causes monetary
damage to another person, shall be liable to each consumer or other...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB270.htm - 6K - Match Info - Similar pages
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...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB34.htm - 25K - Match Info - Similar pages
HB92
173442-1:n:02/03/2016:LFO-KF/bdl HB92 By Representative Greer RFD Ways and Means Education
Rd 1 03-FEB-16 SYNOPSIS: Under current law for Alabama income tax purposes, all individuals
are exempt from the reporting of distributions received from a defined benefit plan to the
extent it is taxable for federal income tax purposes. Distributions received from a defined
contribution plan are not exempt from reporting. This bill would remove the exemption from
the reporting and taxation of such distributions and require such benefits be reported on
an individuals income tax returns effective for the 2016 calendar tax year and provide an
exemption of the first $50,000 of pension and annuity income. A portion of such distributions
may be exempt from taxation for the recapture of any basis, under certain circumstances. A
BILL TO BE ENTITLED AN ACT To amend Sections 16-25-23, 36-27-28, 36-27-170, 40-18-14, and
40-18-19 repeal Section 40-18-20 Code of Alabama 1975, to require individuals,...
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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...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB117.htm - 119K - Match Info - Similar pages
HB316
172393-2:n:02/08/2016:FC/mfc LRS2015-3116R1 HB316 By Representative Johnson (R) RFD Judiciary
Rd 1 24-FEB-16 SYNOPSIS: This bill would provide a lien for sums recovered as damages for
personal injury in any civil action for health care services rendered to the plaintiff. A
BILL TO BE ENTITLED AN ACT Relating to damages recovered for personal injury in civil actions;
to provide a lien under certain conditions for health care services rendered to the plaintiff.
BE IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. (a) This act may be cited as the Health
Care Services Lien Act. (b) For purposes of this act, the following words have the following
meanings: (1) HEALTH CARE PROFESSIONAL. Any individual in any of the following license categories:
A licensed physician, licensed chiropractor, licensed dentist, licensed optometrist, licensed
orthotist, licensed prosthetist, or licensed physical therapist. (2) HEALTH CARE PROVIDER.
Any entity in any of the following license categories: A...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB316.htm - 8K - Match Info - Similar pages
SB12
172434-1:n:11/03/2015:JET/tj LRS2015-3155 SB12 By Senator Allen RFD Judiciary Rd 1 02-FEB-16
SYNOPSIS: This bill would provide for expanded civil liability for injuries resulting from
acts of terrorism. This bill would provide for the forfeiture of all property used in the
course of, or derived from, an act of terrorism. This bill would authorize a person injured
by an act of terrorism and law enforcement agencies involved in the investigation, prosecution,
mitigation, seizure, or forfeiture process for acts of terrorism to file a claim for costs
or damages to be satisfied from forfeited property. This bill would provide for the allocation
of proceeds from a forfeiture and disposition, and would specify that investigation expenses
must be paid first. This bill would provide a limitation period for asserting a claim against
forfeited property. This bill would also authorize a person injured by an act of terrorism
to file an action for damages against a person committing an act of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB12.htm - 8K - Match Info - Similar pages
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
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