SB37 Alabama 2022 Session
Summary
- Primary Sponsor
-
Greg Albritton SenatorRepublican - 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
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.
Under existing law, the Commissioner of Insurance collects certain fees and miscellaneous charges for various purposes.
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.
This bill would also make technical changes to the Insurance Department Fund to conform with existing law.
- Subjects
- Insurance Department
Bill Actions
Indefinitely Postponed
Finance and Taxation General Fund first Amendment Offered
Read for the second time and placed on the calendar 1 amendment
Rereferred to Committee on Finance and Taxation General Fund
Read for the first time and referred to the Senate committee on Governmental Affairs
Bill Text
Documents
Source: Alabama Legislature