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HB35 Alabama 2015 Session

Updated Jul 24, 2021
HB35 Alabama 2015 Session
House Bill
Enacted
Current Status
Regular Session 2015
Session
1
Sponsor

Summary

Primary Sponsor
Mike Hill
Republican
Session
Regular Session 2015
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

H

Delivered to Governor at 5:43 p.m. on June 4, 2015.

H

Assigned Act No. 2015-407.

H

Clerk of the House Certification

H

Enrolled

S

Signature Requested

H

Passed Second House

S

Motion to Read a Third Time and Pass adopted Roll Call 1477

S

Third Reading Passed

S

Read for the second time and placed on the calendar

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 504

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

Votes

Motion to Read a Third Time and Pass

June 3, 2015 Senate Passed
Yes 29
Abstained 1
Absent 5

Documents

Source: Alabama Legislature