SB545 Alabama 2010 Session
Updated Jul 26, 2021
SB545 Alabama 2010 Session
Senate Bill
In Committee
Current Status
Regular Session 2010
Session
1
Sponsor
Summary
- Primary Sponsor
-
Linda Coleman-Madison SenatorDemocrat - Session
- Regular Session 2010
- Title
- Counties, sales and use tax proceeds, county in default on sewer system debt authorized to pledge revenues for financing or refinancing sewer system debt on a one-time basis
- Description
This bill would allow, on a one-time basis, any county levying any sales and use tax and is in default or imminent threat of default on its sewer system bonded debt exceeding $3,000,000,000 to pledge revenues of any sales and use tax levied by the county for the financing or refinancing of bonds and/or warrants for the sewer system debt.
- Subjects
- Counties
Bill Actions
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Bill Text
Documents
Source: Alabama Legislature