SB133 Alabama 2024 Session

Updated Feb 23, 2026

Low Interest

Summary

Primary Sponsor: Will BarfootSenator
Republican
Session: Regular Session 2024
Title: Alabama Securities Commission, continued until October 1, 2028, without modification, pursuant to the Sunset Law
Summary: The bill keeps the Alabama Securities Commission in operation through October 1, 2028 under the Sunset Law.
What This Bill Does
It continues the existence and functions of the Alabama Securities Commission until October 1, 2028. It preserves the statutes that created the Commission (Chapter 6 of Title 8) in Alabama law. The Legislature accepts the Sunset Committee's recommendation to continue the agency, and the act takes effect June 1, 2024.

Who It Affects
The Alabama Securities Commission and its staff will continue to operate and regulate securities in Alabama through 2028.
Individuals and businesses involved in securities activities in Alabama will continue to be regulated by the Commission through 2028.

Key Provisions
Section 1: The Sunset Committee recommends the continuance of the Alabama Securities Commission until October 1, 2028.
Section 2: The existence and functioning of the Alabama Securities Commission, created under Chapter 6 of Title 8, is continued until October 1, 2028, and the related code sections are preserved.
Section 3: The Legislature concurs with the Sunset Committee's recommendations in Sections 1 and 2.
Section 4: This act becomes effective 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