SB227 Alabama 2012 Session
Summary
- Primary Sponsor
-
Ben H. BrooksRepublican - Session
- Regular Session 2012
- Title
- Catastrophe savings account, established, to cover insurance deductibles and other uninsured portions of risks of loss to owners of residential property owners from windstorm events, income tax deduction for deposits made to account
- Description
This bill would provide further for insurance for residential property and damage caused from a catastrophic windstorm event.
This bill would establish a catastrophe savings account to cover an insurance deductible and other uninsured portions of risk of loss for residential property from a catastrophic windstorm event.
This bill would allow taxpayers to claim a deduction against their state income tax for deposits made into the catastrophe savings account.
- Subjects
- Insurance
Bill Actions
Forwarded to Governor on May 9, 2012 at 11:23 a.m. on May 9, 2012
Assigned Act No. 2012-413.
Enrolled
Signature Requested
Concurred in Second House Amendment
Brooks motion to Concur In and Adopt adopted Roll Call 1205
Concurrence Requested
Motion to Read a Third Time and Pass adopted Roll Call 1316
Motion to Adopt adopted Roll Call 1315
Ways and Means Education Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
Motion to Read a Third Time and Pass adopted Roll Call 734
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Banking and Insurance
Bill Text
Votes
Motion to Adopt
Motion to Read a Third Time and Pass
Brooks motion to Concur In and Adopt
Documents
Source: Alabama Legislature