SB30 Alabama 2016 1st Special Session Session

Summary

Primary Sponsor

Tom Whatley

Republican

Session

First Special Session 2016

Title

Banking Dept., approp. from the Banking Assessment Fees Fund for fiscal year ending September 30, 2017.

Summary

SB30 would appropriate $1.1 million from the Banking Assessment Fees Fund to the State Banking Department for the fiscal year ending September 30, 2017.

What This Bill Does

It adds an appropriation of $1.1 million from the Banking Assessment Fees Fund to the State Banking Department for the fiscal year ending September 30, 2017. This money is in addition to other appropriations. The act would take effect October 1, 2016, after passage and approval by the Governor.

Who It Affects

• State Banking Department – receives a new $1.1 million funding for operations in FY 2017
• Banking Assessment Fees Fund – provides the $1.1 million as the funding source for this appropriation

Key Provisions

• Section 1: In addition to all other appropriations heretofore or hereafter made, there is hereby appropriated $1,100,000 from the Banking Assessment Fees Fund to the State Banking Department for the fiscal year ending September 30, 2017.
• Section 2: This act shall become effective October 1, 2016 following its passage and approval by the Governor, or upon its otherwise becoming law.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Appropriations