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
<p class="bill_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</p><p class="bill_entitled_an_act"> 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.
</p>
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 |