Under existing law, a program of gap coverage and gap plus coverage offered through the State Insurance Fund allows a K-12 public school building that has been rendered a total loss as a result of a covered peril to be reconstructed with materials superior to its original construction and in an increased size if appropriate based upon current construction standards and occupancy.
This bill would provide, within reasonable limitations and using gap coverage and gap plus coverage, proceeds sufficient to allow public school buildings under the jurisdiction of the Department of Postsecondary Education to have the same coverage as K-12 public school buildings.
Delivered to Governor at 10:24 a.m. on May 21, 2015.
Assigned Act No. 2015-259.
Clerk of the House Certification
Signature Requested
Enrolled
Passed Second House
Motion to Read a Third Time and Pass adopted Roll Call 1056
Third Reading Passed
Figures motion to Carry Over to the Call of the Chair adopted Voice Vote
Third Reading Carried Over to Call of the Chair
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
Motion to Read a Third Time and Pass adopted Roll Call 334
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Ways and Means Education
Source: Alabama Legislature