Docket Room
SB 219·AL·senate

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

EnactedFiled Jan 29, 2026
Sponsor: Wes Kitchens (R)
Latest Action

Enacted

Apr 9, 2026

Summary

The bill moves the annual $200 registration fees that service‑contract providers pay to the state Treasury from the Service Contract Revolving Fund into the Special Examination Revolving Fund. It also requires any unused balance in the old fund to be transferred to the new fund and ties future fee adjustments to the Consumer Price Index. The change is intended to fund the supervision and examination of these providers more directly.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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