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HB492 Alabama 2015 Session

Updated Jul 24, 2021
HB492 Alabama 2015 Session
House Bill
Enacted
Current Status
Regular Session 2015
Session
1
Sponsor

Summary

Primary Sponsor
Allen Treadaway Representative
Republican
Session
Regular Session 2015
Title
Birmingham, Retirement and Relief System, investments are fixed income securities, Act 556, 1959 Reg. Sess., am'd.
Description
Relating to the Board of Managers of the City of Birmingham Retirement and Relief System; to further amend Section 4 of Act 556, 1959 Regular Session (Acts 1959, p. 1376), as amended by Act 2013-438, 2013 Regular Session; to amend the investment powers of the board of managers to require not less than 25 percent of investments to be in fixed income securities and remove the requirement of not more than ercent of equity securities as the total investments of the fund.
Subjects
Jefferson County

Bill Actions

H

Delivered to Governor at 9:30 a.m. on June 4, 2015.

H

Assigned Act No. 2015-370.

H

Clerk of the House Certification

S

Signature Requested

H

Enrolled

H

Passed Second House

S

Motion to Read a Third Time and Pass adopted Roll Call 1380

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 Local Legislation, Jefferson County

H

Motion to Read a Third Time and Pass adopted Roll Call 788

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 Jefferson County Legislation

Bill Text

Download Enrolled PDF

Votes

Motion to Read a Third Time and Pass

May 19, 2015 House Failed
Yes 34
Abstained 57
Absent 14

Motion to Read a Third Time and Pass

June 3, 2015 Senate Passed
Yes 26
Abstained 2
Absent 7

Documents

Bill Text (Enrolled) HB492 Alabama 2015 Session - Enrolled
Bill Text (Introduced) HB492 Alabama 2015 Session - Introduced

Source: Alabama Legislature