HB102 Alabama 2022 Session
Signed by Governor
Bill Summary
Sponsors
Session
Regular Session 2022
Title
Insurance Risk Management and Insurance Center, Insurance Dept. to establish at state university and support, fund estab., approp. for center, Sec. 27-2-39 am'd.
Description
<p class="bill_description"> This bill would require the Commissioner of
Insurance to establish the Center for Risk and
Insurance Research connected with a state
university to carry out research, education, and
outreach regarding risk management and insurance
issues</p><p class="bill_description">
Under existing law, the Commissioner of
Insurance collects certain fees and miscellaneous
charges for various purposes</p><p class="bill_description">
This bill would credit five percent of
various fees, licenses, and taxes collected by the
Commissioner of Insurance to a new fund to be known
as the Center for Risk and Insurance Research Fund
to be used to fund the center</p><p class="bill_description">
This bill would also make technical changes
to the Insurance Department Fund to conform with
existing law</p><p class="bill_entitled_an_act"> Relating to insurance; to require the Commissioner
of Insurance to establish and support the Center for Risk and
Insurance Research connected with a state university to carry
out research, education, and outreach regarding risk
management and insurance issues; to create a fund in the State
Treasury to be known as the Center for Risk and Insurance
Research Fund to be used to fund the center; to amend Section
27-2-39, Code of Alabama 1975, to credit a portion of certain
fees, licenses, and taxes collected by the Commissioner of
Insurance to the fund; and to make technical changes to
Section 27-2-39, Code of Alabama 1975, to conform with
existing law.
</p>
Subjects
Insurance Department
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 10, 2022 | H | Delivered to Governor at 9:30 a.m. on March 10, 2022. |
| March 10, 2022 | H | Assigned Act No. 2022-148. |
| March 10, 2022 | H | Clerk of the House Certification |
| March 10, 2022 | S | Signature Requested |
| March 9, 2022 | H | Enrolled |
| March 9, 2022 | H | Passed Second House |
| March 9, 2022 | S | Motion to Read a Third Time and Pass adopted Roll Call 519 |
| March 9, 2022 | S | Third Reading Passed |
| February 23, 2022 | S | Read for the second time and placed on the calendar |
| February 17, 2022 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
| February 16, 2022 | H | Engrossed |
| February 16, 2022 | H | Motion to Read a Third Time and Pass adopted Roll Call 188 |
| February 16, 2022 | H | Motion to Adopt adopted Roll Call 187 |
| February 16, 2022 | H | South Amendment Offered |
| February 16, 2022 | H | Third Reading Passed |
| February 9, 2022 | H | Read for the second time and placed on the calendar |
| January 11, 2022 | H | Read for the first time and referred to the House of Representatives committee on Insurance |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 23, 2022 | Room 825 at 10:30 | Senate F&TG Hearing |
| Hearing | February 9, 2022 | Room 617 at 10:00 | House INS Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB102 Alabama 2022 Session - Introduced |
| Bill Text | HB102 Alabama 2022 Session - Engrossed |
| Bill Text | HB102 Alabama 2022 Session - Enrolled |
| Bill Amendments | House South Amendment Offered |
| Fiscal Note | Fiscal Note - HB102 for Insurance |
| Fiscal Note | Fiscal Note - HB102 for Finance and Taxation General Fund |