HB165 Alabama 2016 Session

Summary

Primary Sponsor

Mike Hill

Republican

Session

Regular Session 2016

Title

Securities Commission, directors salary to be fixed by commission with approval of State Personnel Board, Sec. 8-6-56 am'd.

Summary

HB165 changes who approves the Securities Commission Director’s salary by requiring approval from the State Personnel Board and ties the pay to the Merit System Attorney IV range.

What This Bill Does

Currently, the Director's pay is set by the Securities Commission within the Merit System Attorney IV range. The bill would require the Commission to fix the Director's salary with the approval of the State Personnel Board. The salary would still be within the Merit System Attorney IV range, as determined by the Commission, but the SOPB must approve the determination. The bill does not change the Director’s qualifications and adds an oversight step for pay decisions.

Who It Affects

• Director of the Securities Commission — salary determination would require approval from the State Personnel Board.
• State Personnel Board — gains an oversight/approval role in approving the Director’s salary determinations.

Key Provisions

• Amends Section 8-6-56 to state that the Director's salary shall be fixed by the Commission within the Merit System Attorney IV range, with the approval of the State Personnel Board.
• Maintains existing qualifications for the Director as described in subsections (a) and (b).
• Effective date: becomes law on the first day of the third month after passage and governor approval.

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

Subjects

Securities Commission