---
type: "Bill"
title: "Financial transactions, contingencies provided if the London Interbank Offered Rate is discontinued, Secs. 5-28-1 to 5-28-5, inclusive, added"
description: "Financial transactions, contingencies provided if the London Interbank Offered Rate is discontinued, Secs. 5-28-1 to 5-28-5, inclusive, added"
jurisdiction: "us/states/al"
legislature: "Alabama Legislature"
session: "2021rs"
identifier: "SB 279"
citation: "Alabama SB 279 (2021rs)"
classification: ["bill"]
subjects: ["Financial Institutions"]
status: "enacted"
primary_sponsors: ["Roberts"]
version_count: 6
action_count: 22
vote_count: 6
first_action: "2021-03-02T05:00:00+00:00"
last_action: "2021-04-22T04:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/ce71d04e-d590-434e-bf3c-1c0554e173a6"
source_url: "http://alisondb.legislature.state.al.us/Alison/SESSBillStatusResult.aspx?BILL=SB279"
source_hash: "087ed3f6a43e8862729b02fd728dc5f88879e39a1a1cb39cafcdf29aafa35d92"
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 279 (2021rs) — Financial transactions, contingencies provided if the London Interbank Offered Rate is discontinued, Secs. 5-28-1 to 5-28-5, inclusive, added

## 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/SB279-int.pdf)
2. **Amd/Sub 211140-6** (committee substitute) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2021rs/PrintFiles/211140-6.pdf)
3. **Amd/Sub 211480-1** (committee substitute) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2021rs/PrintFiles/211480-1.pdf)
4. **Amd/Sub 212863-3** (committee substitute) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2021rs/PrintFiles/212863-3.pdf)
5. **Engrossed** (committee substitute) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2021rs/PrintFiles/SB279-eng.pdf)
6. **Enrolled** (enrolled) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2021rs/PrintFiles/SB279-enr.pdf)

## Votes

- Roberts motion to Adopt adopted Roll Call 511 — **28–0** (pass) · upper
- Motion to Read a Third Time and Pass adopted Roll Call 512 — **28–0** (pass) · upper
- Roberts motion to Adopt adopted Roll Call 510 — **28–0** (pass) · upper
- Motion to Adopt adopted Roll Call 928 — **98–0** (pass) · lower
- Motion to Read a Third Time and Pass adopted Roll Call 929 — **96–0** (pass) · lower
- Reed motion to Concur In and Adopt adopted Roll Call 1149 — **28–0** (pass) · upper

## Sponsors

- Roberts — primary (person)

## Timeline

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

- **2021-03-02T05:00:00+00:00** Read for the first time and referred to the Senate committee on Banking and Insurance `reading-1, referral-committee`
- **2021-03-03T05:00:00+00:00** Read for the second time and placed on the calendar 1 amendment `reading-2`
- **2021-03-11T05:00:00+00:00** Third Reading Passed `passage`
- **2021-03-11T05:00:00+00:00** Banking and Insurance Amendment Offered `amendment-introduction`
- **2021-03-11T05:00:00+00:00** Roberts motion to Adopt adopted Roll Call 510 `amendment-passage`
- **2021-03-11T05:00:00+00:00** Roberts Amendment Offered `amendment-introduction`
- **2021-03-11T05:00:00+00:00** Roberts motion to Adopt adopted Roll Call 511 `amendment-passage`
- **2021-03-11T05:00:00+00:00** Motion to Read a Third Time and Pass adopted Roll Call 512 `passage`
- **2021-03-11T05:00:00+00:00** Engrossed
- **2021-03-11T05:00:00+00:00** Read for the first time and referred to the House of Representatives committee on Financial Services `reading-1, referral-committee`
- **2021-04-13T04:00:00+00:00** Read for the second time and placed on the calendar with 1 substitute and `reading-2`
- **2021-04-20T04:00:00+00:00** Third Reading Passed `passage`
- **2021-04-20T04:00:00+00:00** Financial Services first Substitute Offered `amendment-introduction`
- **2021-04-20T04:00:00+00:00** Motion to Adopt adopted Roll Call 928 `amendment-passage`
- **2021-04-20T04:00:00+00:00** Motion to Read a Third Time and Pass adopted Roll Call 929 `passage`
- **2021-04-20T04:00:00+00:00** Rogers intended to vote "Yea"
- **2021-04-22T04:00:00+00:00** Concurrence Requested
- **2021-04-22T04:00:00+00:00** Reed motion to Concur In and Adopt adopted Roll Call 1149 `passage`
- **2021-04-22T04:00:00+00:00** Concurred in Second House Amendment
- **2021-04-22T04:00:00+00:00** Enrolled
- **2021-04-22T04:00:00+00:00** Signature Requested
- **2021-04-22T04:00:00+00:00** Assigned Act No. 2021-323. `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ce71d04e-d590-434e-bf3c-1c0554e173a6`. Confidence: reported (aggregated from official Alabama legislature records).