Alabama · 2026rs

SB 15

Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors

Bill record: Open States bulk CSV (bills/votes) CC0-1.0

Summary AI-generated

Alabama Senate Bill 15, titled the Uniform Assignment for Benefit of Creditors Act, creates a voluntary state law process for distressed organizations. This process allows such organizations to liquidate their assets and distribute the resulting proceeds to creditors.

Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)

Issue tags AI-classified

Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)

Sponsors

Roll-call votes on this bill

QuestionChamberResultYeaNayOtherDateSource
HBIR: Passed by Second House lower pass 104 0 1 Apr 7, 2026 LegiScan API LegiScan-ToS
Third Reading in Second House lower pass 104 0 1 Apr 7, 2026 LegiScan API LegiScan-ToS
Motion to Read a Third Time and Pass - Roll Call 1237 lower pass 101 0 4 Apr 7, 2026 LegiScan API LegiScan-ToS
SBIR: Passed by House of Origin upper pass 29 0 3 Feb 10, 2026 LegiScan API LegiScan-ToS
Motion to Read a Third Time and Pass as Amended - Roll Call 332 upper pass 29 0 3 Feb 10, 2026 LegiScan API LegiScan-ToS
Third Reading in House of Origin upper pass 29 0 3 Feb 10, 2026 LegiScan API LegiScan-ToS
Givhan motion to Adopt - Roll Call 331 DGVMJTT-1 upper pass 29 0 3 Feb 10, 2026 LegiScan API LegiScan-ToS