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HB338 Alabama 2017 Session

Updated Jul 24, 2021
HB338 Alabama 2017 Session
House Bill
Enacted
Current Status
Regular Session 2017
Session
1
Sponsor

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 Failed
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