Bill Commons

AL SB 15

enacted

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

Alabama · 2026 Regular Session · upper

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Quick answers

Did AL SB 15 pass?

Yes. AL SB 15 has been enacted into law. Latest recorded action (2026-04-17): Enacted

What is AL SB 15 about?

Businesses & Financial Institutions

Who sponsors AL SB 15?

Givhan is the primary sponsor of AL SB 15.

Description

Businesses & Financial Institutions

Introduced
2026-02-10
Latest action
2026-04-17 — Enacted
Bill type
bill
Last updated
—

Subjects

Sponsors

  • Givhanprimary

Committees

Not provided by source.

Action timeline

Newest first

  1. 2026-04-17

    Enacted

    became-law

  2. 2026-04-08

    Ready to Enroll

  3. 2026-04-08

    Enrolled

  4. 2026-04-08

    Delivered to Governor

    executive-receipt

  5. 2026-04-08

    Signature Requested

  6. 2026-04-07

    Third Reading in Second House

  7. 2026-04-07

    Motion to Read a Third Time and Pass - Adopted Roll Call 1237

    passage

  8. 2026-02-25

    Reported Out of Committee Second House

  9. 2026-02-25

    Read for the Second Time and placed on the Calendar (Financial Services)

    reading-2

  10. 2026-02-12

    Read for the first time and referred to the House Committee on Financial Services

    reading-1,referral-committee

  11. 2026-02-12

    Pending Committee Action in Second House (Financial Services)

  12. 2026-02-11

    Engrossed

  13. 2026-02-10

    Third Reading in House of Origin

  14. 2026-02-10

    Fiscal Responsibility and Economic Development 1st Amendment Offered (Fiscal Responsibility and Economic Development)

    amendment-introduction

  15. 2026-02-10

    Givhan motion to Adopt - Adopted Roll Call 331

    amendment-passage

  16. 2026-02-10

    Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 332

    passage

  17. 2026-01-21

    Fiscal Responsibility and Economic Development 1st Amendment (Fiscal Responsibility and Economic Development)

  18. 2026-01-21

    Reported Out of Committee House of Origin

  19. 2026-01-21

    Read for the Second Time and placed on the Calendar (Fiscal Responsibility and Economic Development)

    reading-2

  20. 2026-01-13

    Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development

    reading-1,referral-committee

  21. 2026-01-13

    Pending Committee Action in House of Origin (Fiscal Responsibility and Economic Development)

  22. 2025-08-20

    Filed

    filing

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://alison.legislature.state.al.us/bill-search

Attribution

Data from openstates_api_sync, retrieved 2026-09-12T06:15:01.856168Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

Session-wide evidence can include changes to other bills:

Bulk imports for this sessionSession dates and activity

Use this data

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Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

See the methodology page for data sources and limitations.