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AL SB38

Bill

Official Source

Status

Passed

2/25/2016

Primary Sponsor

Paul Bussman

Click for details

Origin

Senate

Regular Session 2016

AI Summary

  • Continues the existence and functioning of the Alabama Securities Commission until October 1, 2020, pursuant to the Alabama Sunset Law.

  • Preserves Code of Alabama 1975 sections 8-6-1 to 8-6-22 and sections 8-7-1 to 8-7-15, which establish and govern the Alabama Securities Commission.

  • Implements the Alabama Sunset Committee's recommendation to continue rather than terminate or modify the agency.

  • Becomes effective immediately upon passage and approval by the Governor.

Legislative Description

Securities Commission, Sunset Law review, continued until October 1, 2020.

Sunset Law

Last Action

Assigned Act No. 2016-40.

2/25/2016

Committee Referrals

Boards, Agencies and Commissions2/16/2016
Fiscal Responsibility and Economic Development2/2/2016

Full Bill Text

No bill text available