SB25 Alabama 2021 Session

Updated Feb 23, 2026

Summary

Primary Sponsor: Shay ShelnuttSenator
Republican
Session: Regular Session 2021
Title: Insurance Dept., expenses related to examination by Commissioner of Insurance, Vehicle Protection Products Act, fees deposited in Insurance Dept. Fund, expense related to exam by commissioner, Sec. 8-33-14 added.
Summary: SB25 adds a requirement that examination expenses of the Commissioner’s enforcement actions under the Vehicle Protection Product Act be paid by the person examined, and it directs all related fees to go into the Insurance Department Fund.
What This Bill Does
It adds Section 8-33-14 to require that all fees collected under the Vehicle Protection Product Act be deposited into the Insurance Department Fund. It also requires that each person being examined by the commissioner for enforcement of the Act pay the expenses of the examination, as provided in Section 27-2-25. The act takes effect immediately after the Governor signs it into law. It applies to enforcement activities under Chapter 33 of Title 8.

Who It Affects
Individuals or entities being examined by the Commissioner under the Vehicle Protection Product Act — they would be liable for and pay the expenses of the examination.
Regulated entities under the Vehicle Protection Product Act (and others paying enforcement fees) — all fees collected under the Act would be deposited into the Insurance Department Fund.

Key Provisions
All fees collected pursuant to the Vehicle Protection Product Act shall be paid into the Insurance Department Fund for enforcement of the chapter.
Each person being examined by the Commissioner in enforcement of the Act shall be liable for and pay the expenses of the examination as provided in Section 27-2-25.
The act becomes effective immediately following passage and approval by the Governor (or when it becomes law).

AI-generated summary using openai/gpt-5-nano on Feb 23, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Insurance Department