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HB477 Alabama 2014 Session

Updated Jul 24, 2021
HB477 Alabama 2014 Session
House Bill
In Second Chamber
Current Status
Regular Session 2014
Session
1
Sponsor

Summary

Primary Sponsor
Mike Hill
Republican
Session
Regular Session 2014
Title
Bail bond surety insurers, regulation by Insurance Department, amount of unearned premium reserve specific required, Sec. 27-36-3.1 added
Description

Under existing law, all surety insurers are required to post an unearned premium reserve in the same manner as property and general casualty insurers.

This bill would provide a specific unearned premium reserve for bail bond surety insurers as an alternative to the general requirements for other surety insurers.

Subjects
Insurance

Bill Actions

S

Read for the first time and referred to the Senate committee on Banking and Insurance

H

Motion to Read a Third Time and Pass adopted Roll Call 782

H

Third Reading Passed

H

Read for the second time and placed on the calendar

H

Read for the first time and referred to the House of Representatives committee on Insurance

Bill Text

Download Introduced PDF

Votes

Motion to Read a Third Time and Pass

March 12, 2014 House Passed
Yes 95
No 1
Abstained 1
Absent 7

Documents

Bill Text (Introduced) HB477 Alabama 2014 Session - Introduced

Source: Alabama Legislature