Politics | Alabama Bank News

Alabama Legislature Finishes 2025 Regular Session

Breaking, Capitol Notes, Legal, Politics, Publications

The Alabama Legislature concluded its 30th and final legislative day last Wednesday, officially adjourning sine die and ending its work for the 2025 Regular Session. The Legislature is scheduled to reconvene in January 2026 for the final year of the current four-year term. Senate ...Read More

Alabama Legislature Gears Up for Final Day of 2025 Session

Breaking, Capitol Notes, Legal, Politics, Publications

Senate Slowdown Threatens Local Bills and Confirmations in Final Session Day Action in the Alabama Senate ground to a slower pace on Wednesday as Sen. Bobby Singleton and Sen. Rodger Smitherman employed procedural tactics, casting uncertainty over the legislative agenda for the final day ...Read More

Stablecoin Regulatory Framework Bill Delayed

Breaking, Legal, Politics

An important piece of legislation in the United States Senate is delayed following yesterday’s cloture vote on the GENIUS Act, which failed 48-49. Due to the Senate filibuster, sixty votes were needed to advance. The bipartisan GENIUS Act is sponsored by Senate Banking Committee ...Read More

Alabama Legislature Enters Final Days of 2025 Session

Breaking, Capitol Notes, Politics, Publications

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

Alabama House Passes Amended Education Budget, Sending Bills Back to Senate

Breaking, Capitol Notes, Industry Reports, Politics, Publications

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

Alabama Senate Republicans Expedite Passage of Conservative Bills, Curbing Democratic Debate Aimed at Bill to Restructure Birmingham Water Works Board

Breaking, Capitol Notes, Industry Reports, Politics

Alabama Senate Republicans utilized a rarely invoked procedural tactic, the cloture petition, last Thursday to curtail Democratic debate and accelerate the passage of several conservative bills. The five bills, now advancing to the House, encompass measures mandating pre-installed pornography filters on minors’ electronic devices ...Read More

Public Hearing Held on Harmful Debanking Bill

Breaking, Capitol Notes, Politics, Publications

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

Harmful Debanking Bill Introduced in the Alabama Legislature this Week

Breaking, Capitol Notes, Politics, Publications

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

Breaking, Capitol Notes, Politics, Publications

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

Legislature Gavels In for 2025

Breaking, Capitol Notes, Economic News, Industry Reports, Legal, Politics, Publications

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

Politics Archive