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HB338 Alabama 2017 Session

Updated Jul 24, 2021

Summary

Session
Regular Session 2017
Title
Birmingham, Firemen and Policemen's Supplemental Pension System, percent of investments in fixed income securities lowered, Sec. 45-37A-51.03 am'd.
Description
Relating to the City of Birmingham Firemen's and Policemen's Supplemental Pension System; to amend Section 45-37A-51.03, Code of Alabama 1975, relating to the investment powers of the board of managers; to reduce the percentage of investments required to be in fixed income securities.
Subjects
Birmingham

Bill Actions

H

Delivered to Governor at 2:21 p.m. on May 2, 2017.

H

Assigned Act No. 2017-247.

H

Clerk of the House Certification

S

Signature Requested

H

Enrolled

H

Passed Second House

S

Motion to Read a Third Time and Pass adopted Roll Call 792

S

Third Reading Passed

S

Read for the second time and placed on the calendar

S

Read for the first time and referred to the Senate committee on Local Legislation, Jefferson County

H

Motion to Read a Third Time and Pass adopted Roll Call 453

H

Third Reading Passed

H

Read for the second time and placed on the calendar

H

Read for the first time and referred to the House of Representatives committee on Jefferson County Legislation

Bill Text

Votes

Motion to Read a Third Time and Pass

April 11, 2017 House Passed
Yes 24
Abstained 67
Absent 13

Motion to Read a Third Time and Pass

April 27, 2017 Senate Passed
Yes 24
Abstained 3
Absent 8

Documents

Source: Alabama Legislature