SB215 Alabama 2012 Session

Updated Jan 10, 2026

SB215 Alabama 2012 Session

Senate Bill

Expired

Current Status

Regular Session 2012

Session

6

Sponsors

Summary

Primary Sponsor: Tammy Irons
Democrat
Co-Sponsors: William “Bill” M. Beasley Quinton Ross Bobby D. Singleton Vivian Davis Figures Jerry L. Fielding
Session: Regular Session 2012
Title: Retirement, DROP reestablished, exceptions, Secs. 16-25-150, 36-27-170 am'd; Act 2011-27, 2011 Reg. Sess. am'd
Description: Currently, members of the Teachers' Retirement System and the Employees' Retirement System may not be new participants in the DROP Program after April 1, 2011, which also imposes limits on interest that could be paid on DROP accounts.
This bill would reestablish DROP and would remove limits on interest that could be paid on DROP accounts.
Subjects: Retirement

Bill Actions

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

Bill Text

Download Introduced PDF

Documents

Bill Text (Introduced) SB215 Alabama 2012 Session - Introduced

Source: Alabama Legislature