SB 15
  • Introduced
    Jan 13, 2026
  • Passed Senate
    Feb 10, 2026
  • Passed House
  • Became Law
SB 15
Alabama Senate Bill
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Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors
Last Action See all actions
House • Feb 25, 2026: Read for the Second Time and placed on the Calendar (Financial Services)
Latest Bill Text See all bill texts
Engrossed
House Calendar: Regular Calendar (March 03, 2026)
Position: 125

Summary

Comments on SB 15

Tweets

Whip Lists

Sponsors
Votes
Feb 10, 2026, Senate
Givhan motion to Adopt - Adopted Roll Call 331 Amendment DGVMJTT-1
YES: 32
NO: 0
OTHER: 3
YES: 32

NO: 0

    NOT VOTING: 3

    Sources
    Feb 10, 2026, Senate
    Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 332
    YES: 32
    NO: 0
    OTHER: 3
    YES: 32

    NO: 0

      NOT VOTING: 3

      Sources
      Feb 10, 2026, Senate
      BIR53 for SB15, Passed by House of Origin
      YES: 32
      NO: 0
      OTHER: 3
      YES: 32

      NO: 0

        NOT VOTING: 3

        Sources
        Feb 10, 2026, Senate
        Third Reading in House of Origin
        YES: 32
        NO: 0
        OTHER: 3
        YES: 32

        NO: 0

          NOT VOTING: 3

          Sources
          Actions
          • Feb 25, 2026 | House
            • Reported Out of Committee Second House
            • Read for the Second Time and placed on the Calendar (Financial Services)
          • Feb 12, 2026 | House
            • Read for the first time and referred to the House Committee on Financial Services
            • Pending Committee Action in Second House (Financial Services)
          • Feb 11, 2026 | Senate
            • Engrossed
          • Feb 10, 2026 | Senate
            • BIR53 for SB15, Passed by House of Origin
            • Third Reading in House of Origin
            • Fiscal Responsibility and Economic Development 1st Amendment Offered DGVMJTT-1 (Fiscal Responsibility and Economic Development)
            • Givhan motion to Adopt - Adopted Roll Call 331 DGVMJTT-1
            • Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 332
          • Jan 21, 2026 | Senate
            • Fiscal Responsibility and Economic Development 1st Amendment DGVMJTT-1 (Fiscal Responsibility and Economic Development)
            • Reported Out of Committee House of Origin
            • Read for the Second Time and placed on the Calendar (Fiscal Responsibility and Economic Development)
          • Jan 13, 2026 | Senate
            • Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development
            • Pending Committee Action in House of Origin (Fiscal Responsibility and Economic Development)
          Bill Texts
          Documents
          Sources