HB39 Alabama 2022 Session
Bill Summary
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
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, 2022, which exceeded 25 percent of the amount appropriated for the Insurance Department Fund for the fiscal year ending September 30, 2022
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
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, 2022, which exceeded 25 percent of the amount appropriated for the Insurance Department Fund for the fiscal year ending September 30, 2022; 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.
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. 2022-147. |
| 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 505 |
| 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 | Rereferred to Committee on Banking and Insurance |
| February 8, 2022 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
| February 3, 2022 | H | Engrossed |
| February 3, 2022 | H | Motion to Read a Third Time and Pass adopted Roll Call 37 |
| February 3, 2022 | H | Motion to Adopt adopted Roll Call 36 |
| February 3, 2022 | H | Ways and Means General Fund Amendment Offered |
| February 3, 2022 | H | Third Reading Passed |
| February 2, 2022 | H | Read for the second time and placed on the calendar 1 amendment |
| January 11, 2022 | 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 | February 23, 2022 | Room 320 ****Bills Added**** at 13:30 | Senate B&I Hearing |
| Hearing | February 2, 2022 | Room 617 at 13:30 | House W&MGF Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB39 Alabama 2022 Session - Enrolled |
| Bill Text | HB39 Alabama 2022 Session - Engrossed |
| Bill Text | HB39 Alabama 2022 Session - Introduced |
| Bill Amendments | House Ways and Means General Fund first Amendment Offered |
| Fiscal Note | Fiscal Note - HB39 for Ways and Means General Fund |
| Fiscal Note | Fiscal Note - HB39 for Ways and Means General Fund |
| Fiscal Note | Fiscal Note - HB39 for Banking and Insurance |