SB548 Alabama 2010 Session

Updated Jul 26, 2021

Summary

Primary Sponsor: Zeb Little
Democrat
Co-Sponsor: Lowell Barron
Session: Regular Session 2010
Title: Banks receiving state funds from State Treasurer, required to lend funds for purchases and refinancing of homes and businesses, Sec. 41-14-33 am'd.
Description: Currently, the State Treasurer invests the state's money with various state depositories.
This bill would temporarily set a requirement for depositories to receive funds that such depositories would have to lend money for the purchase or refinancing of Alabama homes or new or expanding businesses.
Subjects: Banks and Banking

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

Download Introduced PDF

Documents

Bill Text (Introduced) SB548 Alabama 2010 Session - Introduced

Source: Alabama Legislature