Alabama 2026 Regular Session Status: Enacted 1 R cosponsors
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SB15 — Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors

Last action — Enacted

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed Senate
  4. ✓
    Passed House
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced April 17, 2026. Enacted.

Signed by Governor Kay Ivey (Republican) on April 17, 2026.

Odds of enactment

High chance

Based on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Likely to advance 74% · high confidence
  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

  • Cleared a recorded vote

    Passed 5 recorded votes so far.

  • Spreading across states

    Near-identical bills in 1 other state — cross-state momentum.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

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

Bill Text

We don't have the full text on file for this bill yet.

Read SB15 on the official Alabama source →

Action History

  1. Enacted

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 139 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (139)

139 members have not signed on to this bill.

Show all 139 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Passed 29 Yea · 0 Nay · 6 Other
Party YeaNayPresentNot Voting
R 22005
D 7001
Total 29006
% of votes cast 83%0%0%17%
How each member voted (35)

Official roll call →

Passed 29 Yea · 0 Nay · 6 Other
Party YeaNayPresentNot Voting
R 22005
D 7001
Total 29006
% of votes cast 83%0%0%17%
How each member voted (35)

Official roll call →

Passed 32 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
R 27000
D 5003
Total 32003
% of votes cast 91%0%0%9%
How each member voted (35)

Official roll call →

Passed 32 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
R 27000
D 5003
Total 32003
% of votes cast 91%0%0%9%
How each member voted (35)

Official roll call →

Passed 32 Yea · 0 Nay · 3 Other
Party YeaNayPresentNot Voting
R 27000
D 5003
Total 32003
% of votes cast 91%0%0%9%
How each member voted (35)

Official roll call →

Subjects

Similar bills in other states

Bills in other jurisdictions that match this one by MEANING — title, summary and subject, compared across every state we track. A strong signal the same policy is moving elsewhere.

Pick a bill from “Similar bills” above and click Compare text to see how its language differs from SB15.

Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does SB15 do?
Uniform Assignment for Benefit of Creditors Act; creates a voluntary state law process for distressed organizations to liquidate assets and distribute proceeds to creditors
Who sponsors SB15?
SB15 is sponsored by Sam Givhan (R).
What is the current status of SB15?
This bill has been enacted into law. Introduced April 17, 2026. Enacted.
Where can I track SB15?
Track SB15 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes 3 months ago · updated continuously

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