Monthly Archive:: February 2018

FEBRUARY 23, 2018 — Legislation allowing county commissions to select a public depository at any time (rather than during a very narrow window of time every December) passed the Legislature on Tuesday. Senate Bill 60, sponsored by Sen. Clay Scofield (R-Arab) and managed in ...Read More

This Alert concerns employers who currently offer – or are contemplating offering – a High Deductible Health Plan (HDHP). When such plan is in place, employees may qualify for a tax-advantaged Health Savings Account (HSA) that allows them to save for future medical expenses ...Read More

FEBRUARY 16, 2018 — The sixth week of the 2018 Regular Session saw two association-backed bills take major steps toward enactment as well as the introduction of three bills that the association had been working on for some time behind-the-scenes. On Tuesday, the Senate ...Read More

You of course know that the brief government shutdown ended via a short-term continuing funding resolution. Included therein is a further postponement of the so-called “Cadillac Tax” on high-value health plans. This provision, which had bi-partisan support, postpones the tax from its already-delayed effective ...Read More

FEBRUARY 9, 2018 — While the legislative workweek was brimming with bills that had already been introduced, much of the association’s efforts during week five of the 2018 Regular Session focused on a bill that will likely be introduced in the near future. Attorney ...Read More

FEBRUARY 2, 2018 — Two bills of importance to Alabama banks made significant advancements during week four of the 2018 Legislative Session. The first bill, Senate Bill 60, was unanimously approved by the Senate on Thursday afternoon. Sponsored by Sen. Clay Scofield (R-Arab), the ...Read More