SB73 Alabama 2010 Session

Summary

Primary Sponsor

Wendell Mitchell

Democrat

Session

Regular Session 2010

Title

State warrants issued by Comptroller to business entities, disbursed electronically, Sec. 41-4-50 am'd.

Summary

SB73 would require electronic payment of certain state warrants to business entities through the State Treasury.

What This Bill Does

It authorizes electronic disbursement of warrants to payees, with all warrants of $2,500 or more payable to business entities, vendors, and service providers to be paid electronically through the State Treasury. Warrants for other payees could also be paid electronically if the original payee provides written approval. The bill requires the Comptroller to maintain approval and transfer records and provide documentation for auditing, and it would take effect on July 1, 2010.

Who It Affects

• Business entities, vendors, and providers of professional services that receive state warrants; they would be paid electronically for warrants of $2,500 or more, and may be paid electronically for other warrants if they give written approval.
• State government financial offices (Division of Control and Accounts in the Department of Finance) and the State Treasury; they would implement and manage the electronic payment system, keep records of approvals and transfers, and support auditing.

Key Provisions

• Amends Section 41-4-50 to allow electronic disbursement of certain warrants through the State Treasury.
• 5a: The Division of Control and Accounts draws every warrant on the State Treasury as authorized by law.
• 5b: Warrants may be transferred or deposited electronically to a financial institution with written approval from the original payee; the Comptroller maintains records of approvals and transfers and provides documentation for auditing.
• 5c: Warrants for $2,500 or more payable to business entities, vendors, and providers of professional services must be electronically disbursed through the State Treasury.
• -effective date: becomes law and takes effect July 1, 2010.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Finance Department