Publications Archive

Alabama Legislature Passes Budgets for Fiscal Year 2026 State General Fund Last week the Alabama Legislature fulfilled its primary constitutional duty by approving budgets to fund state government and education for the fiscal year beginning Oct.1. These budget bills have now been sent to ...Read More

Following the Senate’s recent approval of the Education Trust Fund (ETF) appropriation bills, the Alabama House of Representatives has now passed its version of the crucial budget. The main ETF budget bill, SB112, saw minimal changes in the House. This budget allocates $9.9 billion ...Read More

Public Hearing Held on Harmful Debanking Bill ABA Chairman Macke Mauldin and ABA President & CEO Scott Latham testified last Thursday before the Senate Banking Committee on SB228 which is the Equality in Financial Services Act. Expressing industry opposition to the bill, Mauldin highlighted ...Read More

Senate Bill 228 and House Bill 418, sponsored by Sen. Andrew Jones of Centre and Rep. Jamie Kiel of Russellville, entitled the Equality in Financial Services Act, will jeopardize the ability of banks to select their clients based on business considerations and require banks ...Read More

Economic Development Bills Progressing House Passes Proposal to Create Alabama Development Fund A new economic development tool for Alabama, HB 243, by Rep. Andy Whitt, was introduced this week, amending the amount of tax abatements new businesses can receive. The stated purpose of the ...Read More

The Alabama Legislature began its 2025 regular session last week. Both the House and Senate convened, as required by the Alabama Constitution, and passed legislation during its initial three-day week. Gudger Unanimously Elected to Senate’s Top Post Following the appointment of former Senate President ...Read More

Education, General Fund Budgets Near Final Passage Both the House and Senate have passed their versions of the state’s two budgets, leaving just three days for final negotiations before the legislative session ends. Here’s a breakdown of the key points: Record Education Funding: The ...Read More