SB132 Alabama 2021 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2021
Title
Wallace-Folsom Savings Investment Plan Act, ACES Program, name of and name of Admin Fund and savings accounts changed to AL Comprehensive Education Savings Program, definitions clarified, Secs. 16-33C-3, 16-33C-10 am'd.
Description
This bill would revise the name of the ACES Program within the State Treasurer's office, as provided by the Wallace-Folsom Savings Investment Plan Act, from the Alabama College Education Savings Program to the Alabama Comprehensive Education Savings Program and would clarify that certain terms are defined in federal law.
To amend Sections 16-33C-3 and 16-33C-10, Code of Alabama 1975, relating to the Wallace-Folsom Savings Investment Plan Act; to revise the name of the ACES Program from the Alabama College Education Savings Program to the Alabama Comprehensive Education Savings Program; and to clarify the meanings of certain terms pursuant to federal law.
Subjects
Alabama College Edcuation Savings Program
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 1, 2021 | S | Assigned Act No. 2021-167. |
| April 1, 2021 | H | Signature Requested |
| April 1, 2021 | S | Enrolled |
| April 1, 2021 | S | Passed Second House |
| April 1, 2021 | H | Motion to Read a Third Time and Pass adopted Roll Call 610 |
| April 1, 2021 | H | Third Reading Passed |
| March 9, 2021 | H | Read for the second time and placed on the calendar |
| March 2, 2021 | H | Read for the first time and referred to the House of Representatives committee on Financial Services |
| March 2, 2021 | S | Motion to Read a Third Time and Pass adopted Roll Call 308 |
| March 2, 2021 | S | Third Reading Passed |
| February 23, 2021 | S | Read for the second time and placed on the calendar |
| February 2, 2021 | S | Read for the first time and referred to the Senate committee on Governmental Affairs |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB132 Alabama 2021 Session - Enrolled |
| Bill Text | SB132 Alabama 2021 Session - Introduced |
Source: Alabama Legislature