SB 69

Legislature; codification of 2025 Regular Session acts and Code Commissioner technical revisions into Code of Alabama 1975

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

Board of Pardons and Paroles; discretion whether to grant or deny parole, further provided; review of parole violations, procedure further provided to require consideration of totality of circumstances; penalties for certain parole-violations, increased

Ethics, eliminate certain notification requirement for candidates to Ethics Commission when otherwise in compliance with law

Electoral Voting of U.S. President and Vice President; procedures established if presidential electors fail to vote in accordance with state voters; Alabama Uniform Faithful Presidential Electors Act established

Governor, authorized to remove executive director or director of occupational or professional licensing boards

State employees, cost-of-living increase for fiscal year beginning October 1, 2026

Homestead Exemptions; removing the annual verification requirement for qualifying permanently and totally disabled veterans

Supplemental appropriations from the Education Trust Fund for the fiscal year ending September 30, 2026

Education Trust Fund Advancement and Technology Fund, appropriations for the fiscal year ending September 30, 2026

FY27 2% Teacher Pay Raise and Retiree Longevity Bonus

Individual income taxes, to allow an exclusion from gross income for contributions to Trump Accounts and to make permanent the exclusion for amounts paid by an employer on any qualified education loan.

Reckless Stunt Driving; a motor vehicle involved in a second offense of reckless stunt driving; replace the forfeiture penalty

Relating to sales tax on construction materials

Sales tax: exemptions; sunset date on exemption for firearm safety devices; extend

An Act relating to the Multistate Tax Compact; relating to apportionment of income to the state, including the apportionment of income of broadcasters, financial institutions, and telecommunications service providers; and providing for an effective date.

Subtraction Modification - Public Safety Retirement Income

License Plates; specialty license plate benefitting the Georgia Veterans Service Foundation; establish