Alabama · 2026 Regular Session · Bill
SB 207: Captive insurers, additional requirements, certain minimum paid in capital amounts increased
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 207 is a bill introduced in the Alabama Senate on January 27, 2026. According to its official title, it concerns: Captive insurers, additional requirements, certain minimum paid in capital amounts increased. Primary sponsor: Shay Shelnutt (Republican). Most recent recorded action (January 27, 2026): Read for the first time and referred to the Senate Committee on Banking and Insurance.
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.
Insurance
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Shay Shelnutt | Primary sponsor | Republican | Senate | 17 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Read for the first time and referred to the Senate Committee on Banking and Insurance
- Pending Committee Action in House of Origin (Banking and Insurance)