HB370 Alabama 2016 Session
Bill Summary
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.
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 Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB370 Alabama 2016 Session - Introduced |
Source: Alabama Legislature