|
SB298
174083-2:n:02/24/2016:KMS*/cj LRS2016-633R1 SB298 By Senators Hightower and Pittman RFD Banking
and Insurance Rd 1 24-FEB-16 SYNOPSIS: Under existing law, all insurers authorized and writing
property insurance in the State of Alabama are required to be members of the Alabama Insurance
Underwriting Association, which was established to provide a method whereby essential property
insurance coverage would be provided in any county contiguous to the Gulf of Mexico and Mobile
Bay. This bill would create the Alabama Coastal Insurance Authority for the purpose of providing
affordable windstorm insurance for owners of insurable property in any county contiguous to
the Gulf of Mexico and Mobile Bay. This bill would provide for the selection of the board
of directors of the authority. This bill would provide for the adoption of the plan of operation
of the authority, including the process for post-loss assessments of policyholders and assessable
insurers. This bill would authorize the sale of...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB298.htm - 38K - Match Info - Similar pages
HB349
the leased tangible personal property by the lessee, which right to purchase such property
shall be exercisable solely at the option of the lessee; "c. The appropriate sales or
use tax levied by the state shall have been paid with respect to the acquisition or use of
the leased tangible personal property, or, alternatively, the acquisition or use of such property
shall be exempt by law from such sales or use tax; "d. The leased tangible personal property
shall be installed in or about an industrial plant or other real property that was
specially constructed or modified for the location and use of such tangible personal property
and that is owned, or considered to be owned for either Alabama or federal income tax purposes
or both, by a corporation, partnership, or other entity controlled by, or under common control
with, the lessee of such tangible personal property; and "e. The leased tangible property
shall be used only by a lessee engaged in the iron and steel industry, and the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB349.htm - 64K - 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
SB345
the leased tangible personal property by the lessee, which right to purchase such property
shall be exercisable solely at the option of the lessee; "c. The appropriate sales or
use tax levied by the state shall have been paid with respect to the acquisition or use of
the leased tangible personal property, or, alternatively, the acquisition or use of such property
shall be exempt by law from such sales or use tax; "d. The leased tangible personal property
shall be installed in or about an industrial plant or other real property that was
specially constructed or modified for the location and use of such tangible personal property
and that is owned, or considered to be owned for either Alabama or federal income tax purposes
or both, by a corporation, partnership, or other entity controlled by, or under common control
with, the lessee of such tangible personal property; and "e. The leased tangible property
shall be used only by a lessee engaged in the iron and steel industry, and the...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB345.htm - 64K - Match Info - Similar pages
HB459
attorneys, engineers, consultants, and other professionals as the board shall deem necessary
for the conduct of the business of the institute. "(13) To provide grants to educational,
governmental, nonprofit, community-based, workforce development, economic development, and
other organizations and associations engaged in the education, recruitment, training, placement,
and professional development of persons engaged in activities leading to the furtherance of
careers in commercial and industrial construction in accordance with the purposes of
the institute. "(14) To cooperate or partner, or both, with regional and national organizations
promoting construction workforce development, including the sharing of non-monetary marketing
and educational resources and databases, in furtherance of the purposes of the institute.
"(15) To do all things necessary or convenient to carry out the powers and purposes conferred
by this section. "(16) To exercise any and all powers permissible under...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB459.htm - 141K - Match Info - Similar pages
SB213
in exchange for shares or other units that are publicly traded and represent fractional undivided
beneficial interests in the trust's net assets but not to the extent that metal is transferred
to or from the investment trust in exchange for consideration other than such publicly traded
shares or other units. For purposes of this subdivision, the term metals includes, but is
not limited to, copper, aluminum, nickel, zinc, tin, lead, and other similar metals typically
used in commercial and industrial applications. "(48) For the period commencing
on October 1, 2012, and ending May 30, 2022, unless extended by joint resolution, the gross
receipts from the sale of parts, components, and systems that become a part of a fixed or
rotary wing military aircraft or certified transport category aircraft that undergoes conversion,
reconfiguration, or general maintenance so long as the address of the aircraft for FAA registration
is not in the state; provided, however, that this exemption shall...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB213.htm - 72K - Match Info - Similar pages
SB242
173544-1:n:02/05/2016:LFO-HP*/bdl SB242 By Senator Pittman RFD Finance and Taxation Education
Rd 1 16-FEB-16 SYNOPSIS: This bill updates the sales and use tax laws to provide for definitions
of tangible personal property and digital goods. This bill also amends the definition of a
wholesale sale to add clarification and consistency to the sales and use tax code. A BILL
TO BE ENTITLED AN ACT Relating to sales and use tax definitions; to amend Sections 40-23-1,
40-23-2, 40-23-60, and 40-23-61 of the Code of Alabama 1975, to add and update definitions.
BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:Section 1. Sections 40-23-1, 40-23-2, 40-23-60,
and 40-23-61, Code of Alabama 1975 are hereby amended to read as follows: ยง40-23-1. "(a)
For the purpose of this division, the following terms shall have the respective meanings ascribed
by this section: "(1) PERSON or COMPANY. Used interchangeably, includes any individual,
firm, copartnership, association, corporation, receiver, trustee, or any...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB242.htm - 47K - Match Info - Similar pages
SB262
SB262 By Senators Shelnutt and Whatley ENROLLED, An Act, Relating to transportation; to provide
certain insurance requirements for a transportation network company that operates in the state;
and to require certain disclosures regarding insurance coverage and limits of liability. BE
IT ENACTED BY THE LEGISLATURE OF ALABAMA: Section 1. For the purposes of this act, the following
terms shall have the following meanings: (1) DIGITAL NETWORK. Any online-enabled application,
software, website, or system offered or utilized by a TNC that enables the prearrangement
of a ride with a TNC driver. (2) PERSONAL VEHICLE. A vehicle that meets both of the following
criteria: a. Is used by a TNC driver to provide a prearranged ride. b. Is owned, leased, or
otherwise authorized for use by a TNC driver. (3) PREARRANGED RIDE. The provision of transportation
by a TNC driver to a TNC rider, beginning when a TNC driver accepts a ride requested by a
TNC rider through a digital network controlled by a TNC,...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/SB262.htm - 13K - Match Info - Similar pages
HB314
174609-1:n:02/24/2016:PMG/tj LRS2016-812 HB314 By Representatives Sells and Gaston RFD Transportation,
Utilities and Infrastructure Rd 1 24-FEB-16 SYNOPSIS: Under existing law, a governmental body
that enters into a public works project that exceeds $50,000 must advertise and solicit sealed
bids. This bill would allow the Department of Transportation to let contracts for road construction
or maintenance projects without advertising for sealed bids if the project does not exceed
$250,000, provided all such projects not requiring advertising and sealed bids may not exceed
$1,000,000 in the aggregate per year. A BILL TO BE ENTITLED AN ACT Relating to competitive
bidding; to amend Section 39-2-2, Code of Alabama 1975, to allow the Department of Transportation
to let contracts for road construction or maintenance projects without advertising for sealed
bids if the project does not exceed $250,000, provided all such projects not requiring advertising
and sealed bids may not exceed $1,000,000...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB314.htm - 8K - Match Info - Similar pages
HB255
publicly traded corporation held exclusively for investment purposes. "5. A manufacturer
of recreational vehicles which as of December 31, 1999, owns, operates, or controls a facility
in this state for performance of motor vehicle warranty repair or service work on recreational
vehicles manufactured by that manufacturer. "6. The manufacturer or distributor is owning,
operating, or controlling an entity primarily engaged in the business of renting passenger
and commercial motor vehicles and industrial and construction equipment, as well as
activities incidental to said businesses, including warranty and repair work on vehicles that
it owns, previously owned, or takes in trade. "7. A manufacturer or distributor that:
"(i) Manufactures or distributes engines for installation in a vehicle having as its
primary purpose the transport of a person or persons or property on a public highway and having
a gross vehicle weight rating of more than 16,000 pounds, provided that the manufacturer does...
alisondb.legislature.state.al.us/alison/searchableinstruments/2016rs/bills/HB255.htm - 32K - Match Info - Similar pages
|