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HB206Introduced in the House

Trusts; amend Alabama Principal and Income Act, permit trustee to adjust between principal and income

Introduced

Introduced by Timothy Wadsworth, District 14

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

Trusts; amend Alabama Principal and Income Act, permit trustee to adjust between principal and income

Where it stands

Read for the Second Time and placed on the Calendar

January 29, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Read for the first time and referred to the House Committee on Financial Services

  2. Pending House Financial Services

  3. Reported Out of Committee House of Origin

  4. Read for the Second Time and placed on the Calendar

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