The bill, known as SB124, seeks to extend the existence and operations of the Alabama Security Regulatory Board until October 1, 2027, in accordance with the Alabama Sunset Law. The legislation includes the insertion of the phrase Enrolled, at the beginning of the act and explicitly preserves the relevant code sections that govern the board, which is established under Chapter 27C of Title 34 of the Code of Alabama 1975. Additionally, the bill reflects the Legislature's agreement with the Sunset Committee's recommendations for the board's continuance, as outlined in Sections 1 and 2. The act is set to take effect on June 1, 2024. There are no deletions from current law noted in the text of the bill.