HB188 Alabama 2021 Session
Crossed Over
Bill Summary
Sponsors
Session
Regular Session 2021
Title
Department of Insurance, transfer of certain funds from Insurance Dept. Fund to Strengthen Alabama Homes Fund by Commissioner of Insurance authorized
Description
<p class="bill_description"> Under existing law, any balance in the
Insurance Department Fund at the end of each fiscal
year which exceeds 25 percent of the amount
appropriated for that fiscal year is to be
transferred to the State General Fund</p><p class="bill_description">
This bill would direct the Commissioner of
Insurance to transfer from the Insurance Department
Fund to the Strengthen Alabama Homes Fund any
amount remaining in the Insurance Department Fund
on September 30, 2021, which exceeded 25 percent of
the amount appropriated for the Insurance
Department Fund for the fiscal year ending
September 30, 2021</p><p class="bill_description">
This bill would also authorize the
Commissioner of Insurance to transfer to the
Strengthen Alabama Homes Fund from the Insurance
Department Fund up to 50 percent of the amount
appropriated for each fiscal year</p><p class="bill_entitled_an_act"> Relating to the Department of Insurance; to direct
the Commissioner of Insurance to transfer from the Insurance
Department Fund to the Strengthen Alabama Homes Fund any
amount remaining in the Insurance Department Fund on September
30, 2021, which exceeded 25 percent of the amount appropriated
for the Insurance Department Fund for the fiscal year ending
September 30, 2021; and to authorize the Commissioner of
Insurance to transfer up to 50 percent of the amount
appropriated each fiscal year from the Insurance Department
Fund to the Strengthen Alabama Homes Fund.
</p>
Subjects
Insurance Department
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 20, 2021 | S | Further Consideration |
| April 20, 2021 | S | Orr motion to Carry Over adopted Voice Vote |
| April 20, 2021 | S | Third Reading Carried Over |
| April 13, 2021 | S | McClendon motion to Carry Over adopted Voice Vote |
| April 13, 2021 | S | Third Reading Carried Over |
| March 3, 2021 | S | Read for the second time and placed on the calendar |
| February 9, 2021 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
| February 9, 2021 | H | Motion to Read a Third Time and Pass adopted Roll Call 42 |
| February 9, 2021 | H | Third Reading Passed |
| February 3, 2021 | H | Read for the second time and placed on the calendar |
| February 2, 2021 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 3, 2021 | Room 825 at 11:00 | Senate B&I Hearing |
| Hearing | February 3, 2021 | Room 617-AMENDED 2-2-21 at 13:30 | House W&MGF Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB188 Alabama 2021 Session - Introduced |
| Fiscal Note | Fiscal Note - HB188 for Ways and Means General Fund |
| Fiscal Note | Fiscal Note - HB188 for Banking and Insurance |