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House Bill 391 Alabama 2026 Session

Updated Feb 5, 2026
House Bill 391 Alabama 2026 Session
House Bill
In Committee
Current Status
2026 Regular Session
Session
1
Sponsor

Summary

Session
2026 Regular Session
Title
Insurance; to allow reorganization of a nonprofit health care service corporation under the control of a nonprofit holding company
Description

This bill would authorize a health care service corporation to reorganize under the ultimate control of a nonprofit holding corporation.

This bill would permit a nonprofit holding corporation that controls a health care service corporation to make and receive certain transfers and distributions.

This bill would further establish operational and reporting requirements for nonprofit holding corporations, their subsidiaries, and the reorganized health care service corporation.

Subjects
Businesses & Financial Institutions

Bill Actions

H

Pending House Insurance

H

Read for the first time and referred to the House Committee on Insurance

Bill Text

Documents

Source: Alabama Legislature