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---
type: "Bill"
title: "Insurance Dept., life and annuity policies, standard nonforfeiture law for individual deferred annuities, group capital calculation and stress test, providing for holding companies, duties to Commission and lead state commissioner, small company alternative valuation provision, exemptions, exemption premium based on valuation manual of NAIC, Commissioner of Insurance may regulate by rule, Secs. 27-15-28.2, 27-29-1, 27-29-3, 27-29-4, 27-29-7, 27-36A-20 am'd."
description: "Insurance Dept., life and annuity policies, standard nonforfeiture law for individual deferred annuities, group capital calculation and stress test, providing for holding companies, duties to Commission and lead state commissioner, small company alternative valuation provision, exemptions, exemption premium based on valuation manual of NAIC, Commissioner of Insurance may regulate by rule, Secs. 27-15-28.2, 27-29-1, 27-29-3, 27-29-4, 27-29-7, 27-36A-20 am'd."
jurisdiction: "us/states/al"
legislature: "Alabama Legislature"
session: "2022rs"
identifier: "HB 78"
citation: "Alabama HB 78 (2022rs)"
classification: ["bill"]
subjects: ["Insurance"]
status: "enacted"
primary_sponsors: ["Rich"]
version_count: 4
action_count: 17
vote_count: 3
first_action: "2022-01-11T05:00:00+00:00"
last_action: "2022-03-10T05:00:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/f96bf5a1-dafa-468c-aa2a-40b34c395363"
source_url: "http://alisondb.legislature.state.al.us/Alison/SESSBillStatusResult.aspx?BILL=HB78"
source_hash: "614a9320ef4397d80a6eaed20b27256f15aa603f4b688a89d927e74651f18899"
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 HB 78 (2022rs) — Insurance Dept., life and annuity policies, standard nonforfeiture law for individual deferred annuities, group capital calculation and stress test, providing for holding companies, duties to Commission and lead state commissioner, small company alternative valuation provision, exemptions, exemption premium based on valuation manual of NAIC, Commissioner of Insurance may regulate by rule, Secs. 27-15-28.2, 27-29-1, 27-29-3, 27-29-4, 27-29-7, 27-36A-20 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/2022rs/PrintFiles/HB78-int.pdf)
2. **Amd/Sub 217150-2** (committee substitute) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2022rs/PrintFiles/217150-2.pdf)
3. **Engrossed** (committee substitute) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2022rs/PrintFiles/HB78-eng.pdf)
4. **Enrolled** (enrolled) — [source](http://alisondb.legislature.state.al.us/ALISON/SearchableInstruments/2022rs/PrintFiles/HB78-enr.pdf)
## Votes
- Motion to Read a Third Time and Pass adopted Roll Call 218 — **1020** (pass) · lower
- Motion to Read a Third Time and Pass adopted Roll Call 511 — **290** (pass) · upper
- Motion to Adopt adopted Roll Call 217 — **1020** (pass) · lower
## Sponsors
- Rich — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2022-01-11T05:00:00+00:00** Read for the first time and referred to the House of Representatives committee on Insurance `reading-1, referral-committee`
- **2022-02-09T05:00:00+00:00** Read for the second time and placed on the calendar 1 amendment `reading-2`
- **2022-02-16T05:00:00+00:00** Third Reading Passed `passage`
- **2022-02-16T05:00:00+00:00** Insurance Amendment Offered `amendment-introduction`
- **2022-02-16T05:00:00+00:00** Motion to Adopt adopted Roll Call 217 `amendment-passage`
- **2022-02-16T05:00:00+00:00** Motion to Read a Third Time and Pass adopted Roll Call 218 `passage`
- **2022-02-16T05:00:00+00:00** Engrossed
- **2022-02-17T05:00:00+00:00** Read for the first time and referred to the Senate committee on Banking and Insurance `reading-1, referral-committee`
- **2022-02-23T05:00:00+00:00** Read for the second time and placed on the calendar `reading-2`
- **2022-03-09T05:00:00+00:00** Third Reading Passed `passage`
- **2022-03-09T05:00:00+00:00** Motion to Read a Third Time and Pass adopted Roll Call 511 `passage`
- **2022-03-09T05:00:00+00:00** Passed Second House `passage`
- **2022-03-09T05:00:00+00:00** Enrolled
- **2022-03-10T05:00:00+00:00** Signature Requested
- **2022-03-10T05:00:00+00:00** Clerk of the House Certification
- **2022-03-10T05:00:00+00:00** Assigned Act No. 2022-151. `executive-signature`
- **2022-03-10T05:00:00+00:00** Delivered to Governor at 9:30 a.m. on March 10, 2022. `executive-receipt`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/f96bf5a1-dafa-468c-aa2a-40b34c395363`. Confidence: reported (aggregated from official Alabama legislature records).