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HB460 Alabama 2024 Session

Updated Feb 23, 2026
Notable

Summary

Session
Regular Session 2024
Title
Occupational and professional licensing boards, prohibited from purchasing or acquiring real property commencing on October 1, 2024
Summary

HB460 would bar certain Alabama state agencies and sunset-law entities from owning real property starting June 1, 2024, with limited grandfathering and exemptions, and create dedicated funds to manage property-related needs for some boards.

What This Bill Does

It prohibits listed agencies from purchasing or holding title to real property beginning June 1, 2024, with exceptions for property already in the closing process or completed. It allows grandfathering for real property previously purchased or acquired by an agency. It repeals future authority to acquire real property for the Alabama Surface Mining Reclamation Commission, Bear Creek Development Authority, Alabama Board of Funeral Services, Home Builders Licensure Board, Alabama State Board of Pharmacy, State Board of Chiropractic Examiners, State Board of Medical Examiners, and the Alabama Construction Recruitment Institute. It creates the Funeral Board Property Acquisition Fund and the Home Builders Property Acquisition Fund, funded by license fees (up to $60 per license per year, inactive licenses exempt) and annual transfers of 2-7% of receipts, with carryover of unspent funds and a prohibition on new acquisitions after June 1, 2024 for certain boards.

Who It Affects
  • Listed state agencies and commissions (e.g., Surface Mining Reclamation Commission, Bear Creek Development Authority, Funeral Services Board, Home Builders Licensure Board, State Board of Pharmacy, Chiropractic Examiners, Medical Examiners, and the Alabama Construction Recruitment Institute) would lose the authority to acquire or hold new real property after June 1, 2024 (existing holdings may remain).
  • The Alabama Historical Commission is exempt from the prohibition. Additionally, the Home Builders Licensure Board and the Alabama Board of Funeral Services would operate property acquisition funds supported by license fees, with rules ensuring funds are carried over and used for property-related purposes.
Key Provisions
  • No enumerated agency or Sunset Law entity may purchase or acquire title to real property starting June 1, 2024, with a carve-out for property in closing or completed before that date.
  • The Alabama Historical Commission is exempt from the prohibition.
  • The following entities are affected by the deletion of future authority to acquire real property: Alabama Surface Mining Reclamation Commission, Bear Creek Development Authority, Alabama Board of Funeral Services, Home Builders Licensure Board, Alabama State Board of Pharmacy, State Board of Chiropractic Examiners, State Board of Medical Examiners, and the Alabama Construction Recruitment Institute.
  • The Funeral Board Property Acquisition Fund and the Home Builders Property Acquisition Fund are created to hold funds for property-related purposes, funded by license fees (up to $60 per license per year, inactive licenses exempt) and annual transfers of 2-7% of receipts, with carryover; end-of-fiscal-year rule prevents new acquisitions for the Home Builders and Funeral Boards after June 1, 2024.
AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects
Occupational Licensing Boards

Bill Actions

H

Pending House Boards, Agencies and Commissions

H

Read for the first time and referred to the House Committee on Boards, Agencies and Commissions

Calendar

Hearing

House Boards, Agencies and Commissions (House) Hearing

Room 123 at 10:30:00

Bill Text

Documents

Source: Alabama Legislature