Maddy summaryHB 415 requires Alabama captive insurance companies (which insure only risks of their parent companies or affiliated groups) to meet stricter financial and operational standards. It increases minimum paid-in capital requirements, mandates annual submission of audited financial statements and actuarial certifications of claim reserves, and requires notice of any significant changes to previously submitted information. The bill also directs the insurance commissioner to evaluate captive managers' competence, legal counsel, and business plans when reviewing applications. These changes apply specifically to licensed captive insurers operating in Alabama, aiming to strengthen oversight of these specialized insurance entities.

Sponsored bills
Maddy summaryThis bill authorizes Shelby County to sell gas, minerals, and other resources recovered from its public landfill to public or private buyers. The county must use competitive bidding to select the lowest responsible bidder for these sales, with contracts limited to a maximum of 20 years. All money earned from these sales must be deposited into the county's General Fund and used for solid waste collection, landfill maintenance, and other legally permitted purposes. The law takes effect on October 1, 2026, and would apply only to Shelby County.
Maddy summaryHB 424 creates the Office of Risk and Resilience within Alabama's Department of Insurance to address insurance market risks and resilience. It moves the Strengthen Alabama Homes Program into this new office, which helps homeowners retrofit properties to resist hurricane and tornado damage through grants or funding. The program relies on federal grants, state appropriations, or other external funds - state funds are not obligated - and requires projects to follow local building codes and inspections. Homeowners seeking storm-resistant retrofits and nonprofit organizations administering such projects are directly affected by the program's structure and funding mechanisms.
Maddy summaryHB 164 revises governance rules for the University of Montevallo's Board of Trustees. It changes trustee terms from 12 to 8 years (effective January 1, 2027), limits service to two terms, and increases the required quorum for meetings from five to six members. The bill also removes the existing requirement that the university president must be "an educator by profession," though it maintains other qualification standards like being a college graduate. These changes directly affect the board's composition, meeting procedures, and presidential appointment criteria for the University of Montevallo.
Maddy summaryHouse Resolution 373 is a commemorative resolution that commends the Vincent Yellow Jackets Baseball Team. It recognizes their achievement in winning the Alabama High School Athletic Association Class 2A State Baseball Championship.
Maddy summaryHB 493 revises the certification process for child advocacy centers in Alabama. The bill allows the Alabama Network of Children's Advocacy Centers to certify a center as a full member if it meets existing statutory standards *and* any additional standards approved by the network's Board of Directors. These additional standards are intended to ensure compliance with national best practices. Achieving full member certification is crucial for child advocacy centers to be eligible to receive state funding distributed through the network.
Maddy summaryHR 360 is a resolution commending Dr. John W. Stewart III for his 15 years of service and achievements as the 15th President of the University of Montevallo upon his retirement. It recognizes his leadership, impact on the university's growth and academic programs, and contributions to the State of Alabama.
Maddy summaryHB 577 proposes an exemption from certain taxes for a specific organization. This bill exempts the Advancing Sight Network from paying state sales and use taxes. This means the organization will not be required to pay these particular state taxes, directly affecting its financial obligations.
Maddy summaryHJR 207 is a commemorative resolution that mourns the death of Donald Wayne Armstrong of Wilsonville, Alabama, and honors his life and service. The resolution specifically recognizes his contributions as a Shelby County Commissioner and Property Tax Commissioner, extending heartfelt sympathy to his family.
Maddy summaryHB 262 corrects outdated internal citations in Alabama's insurance code for Sections 27-14-3 (insurable interest law) and 27-15-8 (life insurance policy loan law). It updates references to the Code of Alabama 1975 to match current section numbering, without changing any substantive insurance rules or requirements. The bill directly affects how these laws are formally cited in legal documents but does not alter insurance practices, benefits, or obligations for policyholders, insurers, or other stakeholders. This is a technical correction to ensure legal references remain accurate and consistent.