Change in Fund for Service Contract Provider Registration Fees
This proposed bill would change where service contract provider registration fees are paid. Before this change, the fees were directed to the Service Contract Revolving Fund. If enacted, the new law would require these fees to be deposited into the Special Examination Revolving Fund instead. This change primarily affects insurance companies and businesses that provide service contracts in Alabama. The exact effective date is not specified.
Service contract provider registration fees were paid into the Service Contract Revolving Fund.
This proposed bill would change where service contract provider registration fees are paid. Before this change, the fees were directed to the Service Contract Revolving Fund. If enacted, the new law would require these fees to be deposited into the Special Examination Revolving Fund instead. This change primarily affects insurance companies and businesses that provide service contracts in Alabama. The exact effective date is not specified.