---
type: "Bill"
title: "Captive Insurance Companies, insurance in alien jurisdictions auth., requirements for an Alabama Coastal Captive Insurance Company revised, certificate of dormancy provided for, Secs. 27-31B-26, 27-31B-27, 27-31B-28 added; Secs. 27-31B-2, 27-31B-3, 27-31B-6, 27-31B-8, 27-31B-12, 27-31B-13 am'd."
description: "Captive Insurance Companies, insurance in alien jurisdictions auth., requirements for an Alabama Coastal Captive Insurance Company revised, certificate of dormancy provided for, Secs. 27-31B-26, 27-31B-27, 27-31B-28 added; Secs. 27-31B-2, 27-31B-3, 27-31B-6, 27-31B-8, 27-31B-12, 27-31B-13 am'd."
jurisdiction: "us/states/al"
legislature: "Alabama Legislature"
session: "2021rs"
identifier: "SB 23"
citation: "Alabama SB 23 (2021rs)"
classification: ["bill"]
subjects: ["Insurance"]
status: "enacted"
primary_sponsors: ["Shelnutt"]
version_count: 4
action_count: 15
vote_count: 3
first_action: "2021-02-02T05:00:00+00:00"
last_action: "2021-04-01T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/7c8a3773-6964-43c5-9242-da074244e05f"
source_url: "http://alisondb.legislature.state.al.us/Alison/SESSBillStatusResult.aspx?BILL=SB23"
source_hash: "9b5e603faf63086ebbdf5fb9d49f0b6169045617e4866f38d26d7e55e0277916"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-al"]
---

# Alabama SB 23 (2021rs) — Captive Insurance Companies, insurance in alien jurisdictions auth., requirements for an Alabama Coastal Captive Insurance Company revised, certificate of dormancy provided for, Secs. 27-31B-26, 27-31B-27, 27-31B-28 added; Secs. 27-31B-2, 27-31B-3, 27-31B-6, 27-31B-8, 27-31B-12, 27-31B-13 am'd.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Introduced** (filed) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2021rs/PrintFiles/SB23-int.pdf)
2. **Amd/Sub 209903-2** (committee substitute) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2021rs/PrintFiles/209903-2.pdf)
3. **Engrossed** (committee substitute) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2021rs/PrintFiles/SB23-eng.pdf)
4. **Enrolled** (enrolled) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2021rs/PrintFiles/SB23-enr.pdf)

## Votes

- Motion to Read a Third Time and Pass adopted Roll Call 577 — **94–0** (pass) · lower
- Shelnutt motion to Adopt adopted Roll Call 205 — **23–0** (pass) · upper
- Motion to Read a Third Time and Pass adopted Roll Call 206 — **23–0** (pass) · upper

## Sponsors

- Shelnutt — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-02-02T05:00:00+00:00** Read for the first time and referred to the Senate committee on Banking and Insurance `reading-1, referral-committee`
- **2021-02-10T05:00:00+00:00** Read for the second time and placed on the calendar with 1 substitute and `reading-2`
- **2021-02-11T05:00:00+00:00** Third Reading Passed `passage`
- **2021-02-11T05:00:00+00:00** Banking and Insurance first Substitute Offered `amendment-introduction`
- **2021-02-11T05:00:00+00:00** Shelnutt motion to Adopt adopted Roll Call 205 `amendment-passage`
- **2021-02-11T05:00:00+00:00** Motion to Read a Third Time and Pass adopted Roll Call 206 `passage`
- **2021-02-11T05:00:00+00:00** Engrossed
- **2021-02-11T05:00:00+00:00** Read for the first time and referred to the House of Representatives committee on Insurance `reading-1, referral-committee`
- **2021-02-23T05:00:00+00:00** Read for the second time and placed on the calendar `reading-2`
- **2021-04-01T04:00:00+00:00** Third Reading Passed `passage`
- **2021-04-01T04:00:00+00:00** Motion to Read a Third Time and Pass adopted Roll Call 577 `passage`
- **2021-04-01T04:00:00+00:00** Passed Second House `passage`
- **2021-04-01T04:00:00+00:00** Signature Requested
- **2021-04-01T04:00:00+00:00** Enrolled
- **2021-04-01T04:00:00+00:00** Assigned Act No. 2021-162. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/7c8a3773-6964-43c5-9242-da074244e05f`. Confidence: reported (aggregated from official Alabama legislature records).