HB370 Alabama 2016 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2016
Title
Banks and Banking, delinquency procedure regarding federal home loan banks, Sec. 5-8A-24.1 added
Description
This bill would add provisions specific to federal home loan banks and insurer members of those banks to limit the authority of a receiver for an insurer in a delinquency proceeding and establish the rights and obligations of the federal home loan bank regarding collateral pledged by its insurer members involved in delinquency proceedings
To add Section 5-8A-24.1 to the Code of Alabama 1975; to add provisions specific to federal home loan banks and insurer members of those banks in delinquency proceedings; to establish the rights and obligations to limit the authority of receivers and of federal home loan banks regarding collateral pledged by its insurer members involved in delinquency proceedings.
Subjects
Banks and Banking
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 4, 2016 | H | Delivered to Governor at 11:00 a.m. on May 4, 2016. |
| May 4, 2016 | H | Assigned Act No. 2016-367. |
| May 4, 2016 | H | Clerk of the House Certification |
| May 4, 2016 | S | Signature Requested |
| May 4, 2016 | S | Concurred in Second House Amendment |
| May 3, 2016 | H | Enrolled |
| May 3, 2016 | H | McCampbell motion to Concur In and Adopt adopted Roll Call 831 |
| May 3, 2016 | H | Concurrence Requested |
| May 3, 2016 | S | Motion to Read a Third Time and Pass adopted Roll Call 952 |
| May 3, 2016 | S | Singleton motion to Adopt adopted Roll Call 951 |
| May 3, 2016 | S | Banking and Insurance Amendment Offered |
| May 3, 2016 | S | Third Reading Passed |
| April 27, 2016 | S | Read for the second time and placed on the calendar 1 amendment |
| April 21, 2016 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
| April 20, 2016 | H | Engrossed |
| April 20, 2016 | H | Motion to Read a Third Time and Pass adopted Roll Call 650 |
| April 20, 2016 | H | Motion to Adopt adopted Roll Call 649 |
| April 20, 2016 | H | McCampbell Amendment Offered |
| April 20, 2016 | H | McCampbell motion to Table adopted Roll Call 648 |
| April 20, 2016 | H | Financial Services Amendment Offered |
| April 20, 2016 | H | Third Reading Passed |
| March 23, 2016 | H | Read for the second time and placed on the calendar 1 amendment |
| March 3, 2016 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 27, 2016 | *** Room 727*** at 14:00 | Senate B&I Hearing |
| Hearing | March 23, 2016 | Room 428 at 09:00 | House FS Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB370 Alabama 2016 Session - Introduced |