This bill pertains to the continuation of the Department of Insurance in Alabama as recommended by the Alabama Sunset Law. The bill proposes to extend the existence and functioning of the Department of Insurance until October 1, 2028. The bill has been enrolled and includes a specific insertion that marks its enactment by the Legislature of Alabama.

The bill consists of four sections, with the first section recommending the continuance of the Department of Insurance as per the Sunset Committee's advice. The second section ensures the preservation of the Department of Insurance and its functions as outlined in Section 27-2-1 and Title 27 of the Code of Alabama 1975 until the specified date. The third section indicates the Legislature's agreement with the Sunset Committee's recommendations. Finally, the fourth section states that the act will become effective on May 31, 2024. The bill has passed both the Senate and the House of Representatives, with Senator Barfoot associated with its passage.