HB125 Alabama 2018 Session
Bill Summary
Under existing law, the Department of Insurance licenses insurance producers and service representatives who are required to complete 24 hours of continuing education in connection with the biennial renewal of license, but are permitted to request an extension and renew when complying with the continuing education requirements
Existing law also authorizes a waiver of penalties for failure to renew
Also under existing law, the only punishment authorized to be imposed by the Insurance Commissioner against an insurance producer or service representative failing to complete the continuing education requirements is the suspension of a license
This bill would specify that insurance producers and service representatives would be required to complete any continuing education requirement in order to renew an insurance producer or service representative license and would delete the provisions for extensions to complete continuing education requirements as provided in this part of the licensure law
This bill would also authorize the Insurance Commissioner to assess a fine in lieu of suspension of license for violating the continuing education requirements by an insurance producer or service representative
Relating to insurance; to amend Sections 27-8A-1 and 27-8A-2 of the Code of Alabama 1975, relating to the licensing of insurance producers and service representatives by the Department of Insurance; to specify that insurance producers and service representatives are required to complete any continuing education requirements prior to renewing a license; to delete the provisions for extensions; and to authorize the Insurance Commissioner to assess a fine in lieu of suspension of a license for violation of the continuing education requirements.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 6, 2018 | H | Engrossed |
| March 6, 2018 | H | Assigned Act No. 2018-196. |
| March 6, 2018 | H | Forwarded to Governor on March 6, 2018 at 5:40 p.m. on March 6, 2018. |
| March 6, 2018 | H | Clerk of the House Certification |
| March 6, 2018 | H | Enrolled |
| March 6, 2018 | S | Signature Requested |
| March 6, 2018 | H | Passed Second House |
| March 6, 2018 | S | Motion to Read a Third Time and Pass adopted Roll Call 620 |
| March 6, 2018 | S | Third Reading Passed |
| February 20, 2018 | S | Read for the second time and placed on the calendar |
| February 8, 2018 | H | Engrossed |
| February 8, 2018 | S | Read for the first time and referred to the Senate committee on Banking and Insurance |
| February 8, 2018 | H | Motion to Read a Third Time and Pass adopted Roll Call 269 |
| February 8, 2018 | H | Motion to Adopt adopted Roll Call 268 |
| February 8, 2018 | H | Insurance Amendment Offered |
| February 8, 2018 | H | Third Reading Passed |
| February 1, 2018 | H | Read for the second time and placed on the calendar 1 amendment |
| January 9, 2018 | H | Read for the first time and referred to the House of Representatives committee on Insurance |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | February 15, 2018 | Room 320 at 09:00 | Senate B&I Hearing |
| Hearing | January 31, 2018 | Room 410 at 10:30 | House INS Hearing |
| Hearing | January 24, 2018 | Room 410 at 10:30 | House INS Hearing |
| Hearing | January 17, 2018 | Room 410 at 10:30 | House INS Hearing |
| Hearing | March 14, 2017 | Room 428 at 12:45 | House LL Hearing |
| Hearing | March 14, 2017 | Room 535 at 13:35 | House LL Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB125 Alabama 2018 Session - Introduced |
| Bill Amendments | House Insurance first Amendment Offered |