Alabama · 2026 Regular Session · Bill
HB 559: Fraud victims compensation; Market Accountability Compensation Fund, established to provide restitution assistance to victims of investment fraud
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 559 is a bill introduced in the Alabama House on March 3, 2026. According to its official title, it concerns: Fraud victims compensation; Market Accountability Compensation Fund, established to provide restitution assistance to victims of investment fraud. Primary sponsor: Bubba Underwood (Republican). Most recent recorded action (March 11, 2026): Reported Out of Committee House of Origin (State Government).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Consumer Protection
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Bubba Underwood | Primary sponsor | Republican | House | 3 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Reported Out of Committee House of Origin (State Government)
- Read for the Second Time and placed on the Calendar (State Government)
- Read for the first time and referred to the House Committee on State Government
- Pending Committee Action in House of Origin (State Government)