HB470 Alabama 2012 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Insurance, domestic insurer eligible for $2,500,000 economic incentives, exceptions
Description
This bill would allow any domestic insurer who signs an agreement with the state to remove wind policies from the Alabama Insurance Underwriters Association (AIUA) to be eligible for $2,500,000 in economic incentives from the state and would provide for exceptions
Relating to insurance; to allow a domestic insurer who removes wind policies from the Alabama Insurance Underwriters Association to be eligible for $2,500,000 in economic incentives; and would provide exceptions.
Subjects
Insurance
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 9, 2012 | Indefinitely Postponed | |
| March 8, 2012 | Insurance first Amendment Offered | |
| March 8, 2012 | Read for the second time and placed on the calendar 1 amendment | |
| March 1, 2012 | Read for the first time and referred to the House of Representatives committee on Insurance |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB470 Alabama 2012 Session - Introduced |