Skip to main content

SB547 Alabama 2010 Session

Updated Jul 26, 2021
SB547 Alabama 2010 Session
Senate Bill
In Committee
Current Status
Regular Session 2010
Session
2
Sponsors

Summary

Primary Sponsor
Zeb Little
Democrat
Co-Sponsor
Lowell Barron
Session
Regular Session 2010
Title
Employees' Retirement System and Teachers' Retirement System, investments authorized to be made in mortgages for Alabama homeowners, Secs. 16-25-20, 36-27-25 am'd.
Description

Currently, the Boards of Control of the Employees' Retirement System and the Teachers' Retirement System make various investments with funds available to both entities.

This bill would allow investments to be made in mortgages for Alabama homeowners to assist in boosting the state's economy.

Subjects
Employees' Retirement System

Bill Actions

Indefinitely Postponed

Read for the second time and placed on the calendar

Read for the first time and referred to the Senate committee on Finance and Taxation General Fund

Bill Text

Documents

Source: Alabama Legislature