AL SB155

Expands allowable payroll deductions from state employee salaries to include financial instruments offered through membership associations, in addition to existing membership dues, voluntary contributions, and insurance premiums.

Excludes deferred compensation plans from the new financial instruments category.

Maintains requirement that deductions be requested by a group of at least 200 participating state employees and remitted at least monthly to the appropriate company, association, or organization.

Allows state Comptroller to collect a cost of administration fee not to exceed one percent of total deductions withheld.

Becomes effective October 1, 2025.