Bama Politics
  • Home
  • Alabama News
    • Alabama Economic News
    • Alabama Education News
    • Alabama Election News
    • Alabama Healthcare News
    • Alabama Legislation News
    • Alabama Local News
    • Alabama Opinion Editorials
  • Elections & Results
    • 2022 Alabama Elections & Results
    • 2021 Alabama Elections & Results
    • 2020 Alabama Elections & Results
    • 2019 Alabama Elections & Results
    • 2018 Alabama Elections & Results
    • 2017 Alabama Elections & Results
    • 2016 Alabama Elections & Results
    • 2015 Alabama Elections & Results
    • 2014 Alabama Elections & Results
    • 2013 Alabama Elections & Results
    • 2012 Alabama Elections & Results
    • 2010 Alabama Elections & Results
  • Officials
    • Statewide
    • US Representatives
    • State Senators
    • State Representatives
    • All Profiles
  • Bills
    • 2021 Alabama Senate Bills
    • 2021 Alabama House Bills
    • All Bills
  • Places
    • Alabama Counties
    • Alabama Cities & Towns
    • Alabama Districts
  • Contact
    • General Contact
    • Opinion Articles
    • Corrections
  • About
Hey stranger! Create a free account today to follow bills, elected officials and candidates. Get an email as soon as updates happen!
Facebook icon Twitter icon Login Sign Up
  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2021 Alabama Legislative Regular Session
  5. 2021 Alabama Senate Bills
  6. SB164 Alabama 2021 Session

SB164 Alabama 2021 Session

Login or Sign Up to follow this page. It's free!
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on Reddit
Reddit
Email this to someone
email
Crossed Over
Contents hide
  • 1 Bill Summary
  • 2 Bill Actions
  • 3 Bill Calendar
  • 4 Bill Text
  • 5 Bill Votes
  • 6 Bill Documents

Bill Summary

Sponsors
  • Tom Whatley
Session
Regular Session 2021
Title
Consumer protection, deceptive trade practices, pyramid sales structure, further provided, Secs. 8-19-3, 8-19-5 am'd.
Description

Under existing law, it is a deceptive trade practice for a person to sell or offer to sell a right to participate in a pyramid sales structure, which are plans for the sale or distribution of goods, services, or other property in which a person, for consideration, acquires the opportunity to receive a pecuniary benefit, which is based primarily upon the inducement of additional persons by that person and others, regardless of number, to participate in the same plan or operation, and is not primarily contingent on the volume or quantity of goods, services, or other property sold or distributed

This bill would further provide for the prohibition against pyramid sales structures by excluding plans that include a bona fide inventory repurchase program and would provide requirements for bona fide inventory repurchase programs

Amendment 621 of the Constitution of Alabama of 1901, now appearing as Section 111.05 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, prohibits a general law whose purpose or effect would be to require a new or increased expenditure of local funds from becoming effective with regard to a local governmental entity without enactment by a 2/3 vote unless: it comes within one of a number of specified exceptions; it is approved by the affected entity; or the Legislature appropriates funds, or provides a local source of revenue, to the entity for the purpose

The purpose or effect of this bill would be to require a new or increased expenditure of local funds within the meaning of the amendment. However, the bill does not require approval of a local governmental entity or enactment by a 2/3 vote to become effective because it comes within one of the specified exceptions contained in the amendment

Relating to deceptive trade practices; to amend Sections 8-19-3 and 8-19-5, Code of Alabama 1975, to provide further for the prohibition against pyramid sales structures; and in connection therewith would have as its purpose or effect the requirement of a new or increased expenditure of local funds within the meaning of Amendment 621 of the Constitution of Alabama of 1901, now appearing as Section 111.05 of the Official Recompilation of the Constitution of Alabama of 1901, as amended.

Subjects
Consumers and Consumer Protection

Bill Actions

Action Date Chamber Action
February 25, 2021 H Read for the first time and referred to the House of Representatives committee on Judiciary
February 25, 2021 S Motion to Read a Third Time and Pass adopted Roll Call 277
February 25, 2021 S Third Reading Passed
February 10, 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 Judiciary

Bill Calendar

Type Date Location Description
Hearing February 10, 2021 Room 325 Adjustments made/Added on SB210 at 08:30 Senate JUDY Hearing

Bill Text

Download SB164 Alabama 2021 Session PDF

Bill Votes

Motion to Read a Third Time and Pass Roll Call 277
2021-02-25
Chamber: Senate
Result: Passed
SBIR: Whatley motion to Adopt Roll Call 276
2021-02-25
Chamber: Senate
Result: Passed

Bill Documents

Type Link
Bill Text SB164 Alabama 2021 Session - Introduced
Fiscal Note Fiscal Note - SB164 for Judiciary
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on Reddit
Reddit
Email this to someone
email

Trending

  • ReCAPTCHA Privacy Policy
  • ReCAPTCHA Terms
© 2021 Copyright: Bama Politics
Privacy Policy