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AL SB219

Bill

Status

Introduced

1/29/2026

Primary Sponsor

Wes Kitchens

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • Service contract provider registration fees ($200 annually) will be deposited into the Special Examination Revolving Fund instead of the Service Contract Revolving Fund

  • Registration fee adjustments will follow Consumer Price Index changes under Section 41-1-11

  • Any unencumbered and unexpended balance in the Service Contract Revolving Fund must be transferred to the Special Examination Revolving Fund on October 1, 2026

  • Effective date: October 1, 2026

Legislative Description

Insurance, to provide that service contract provider registration fees be paid into the Special Examination Revolving Fund instead of the Service Contract Revolving Fund

Insurance

Last Action

Read for the Second Time and placed on the Calendar

3/5/2026

Committee Referrals

Insurance2/26/2026
Banking and Insurance1/29/2026

Full Bill Text

No bill text available