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Votes at a glance: committee reports on HSA safe-harbor, breast-screening coverage and other bills
Summary
The committee issued favorable reports on several bills during the session: SP170 (HSA safe harbor), SP177 (breast cancer screening amendments), SP208 (electric cooperative financing change, 12–4), SB215 (home builder insurance form signature), HB27 (catastrophic account use for roofing), SB219 (fund consolidation), SB247 (Blue Cross holding company); SB207 was carried over for more information.
The Alabama Senate Banking and Insurance Committee considered multiple measures and recorded the following actions during the session.
- SP 170: Health Savings Account safe-harbor. Sponsor explanation, Department of Insurance staff answered questions. Motion by Senator Williams; second by Senator Hatcher. Committee issued a favorable report.
- SP 177: Expanded breast-cancer screening coverage. Two amendments were adopted (clarifying physician-guideline language and changing effective date to Jan. 1, 2027); the bill as amended received a favorable report.
- SB 207: Captive insurance (capital requirements, application changes). Committee discussed amendments and voted to carry the bill over to gather more information; no final report.
- SP 208: Removal of electric cooperatives from Department of Finance oversight for certain indebtedness to allow more flexible local financing. After debate, the committee gave SP 208 a favorable report, recorded in the hearing as 12 yes to 4 no.
Recorded 'no' votes in the roll call portion included Senator Coleman, Senator Singleton and Senator Smitherman (transcript roll call recorded these 'no' responses explicitly); the committee tally announced on the record was 12–4.
- SB 215: Home builder insurance disclosure signatures (allowing certain electronic signatures). Favorable report.
- HB 27: Catastrophic insurance-account use expanded to include fortify roofs. Favorable report.
- SB 219: Consolidation of a small service-contract provider fund into the Department of Insurance special examination revolving fund (≈$70,000 currently); favorable report.
- SB 247: Allow Blue Cross to form a holding company (to help preserve jobs); favorable report.
The committee opened public hearings on SB232 (volunteer fire department depository changes) and SB81 (dental loss-ratio) and took testimony; neither item received a final vote at this meeting. The committee requested additional information on SB207 (captive insurance) and asked stakeholders on other items to continue dialogue before final action.
