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AL HB165

Bill

Official Source

Status

Introduced

2/9/2016

Primary Sponsor

Mike Hill

Click for details

Origin

House of Representatives

Regular Session 2016

AI Summary

  • Amends Section 8-6-56, Code of Alabama 1975, regarding the Director of the Securities Commission's salary.

  • Changes salary-setting authority so the Securities Commission fixes the director's salary with approval of the State Personnel Board, rather than unilaterally by the commission.

  • Maintains the salary range requirement within the Merit System Classification of Attorney IV.

  • Becomes effective on the first day of the third month following passage and approval by the Governor.

Legislative Description

Securities Commission, directors salary to be fixed by commission with approval of State Personnel Board, Sec. 8-6-56 am'd.

Securities Commission

Last Action

Indefinitely Postponed

4/28/2016

Committee Referrals

Financial Services2/9/2016

Full Bill Text

No bill text available