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AL SB27

Bill

Status

Passed

3/12/2020

Primary Sponsor

Clyde Chambliss

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Origin

Senate

Regular Session 2020

AI Summary

  • Continues the existence and functioning of the Alabama Securities Commission until October 1, 2024, pursuant to the Alabama Sunset Law.
  • Preserves Code of Alabama 1975 Sections 8-6-1 to 8-6-33, which establish and govern the Alabama Securities Commission.
  • Implements the Sunset Committee's recommendation to maintain the Commission's operations through the specified sunset date.
  • Becomes effective immediately upon passage and approval by the Governor.

Legislative Description

Securities Commission, sunset law review, subject to and continued until Oct. 1, 2024.

Securities Commission

Last Action

Assigned Act No. 2020-51.

3/12/2020

Committee Referrals

Boards, Agencies and Commissions2/20/2020
Governmental Affairs2/4/2020

Full Bill Text

No bill text available