HR408 Alabama 2010 Session

Summary

Session

Regular Session 2010

Title

House of Representatives, Special Order Calendar

Summary

HR408 is a House resolution that sets the Special Order Calendar, making several bills priority for the 15th legislative day.

What This Bill Does

It immediately designates HB228, HB123, HB124, HB434, and HB435 as the special and paramount order of business for the 15th day, taking precedence over regular or unfinished business. The listed bills cover changes to the Prepaid Affordable College Tuition (PACT) program (funding, governance, and advisory structures) and proposed constitutional amendments affecting private corporations, railroads, canals, and banks.

Who It Affects

• PACT program stakeholders and educational fund administrators who would see funding and governance changes and the creation of an advisory task force.
• Alabama businesses and financial institutions (private corporations, railroads, canals, banks, and related government/subdivision entities) because of the proposed constitutional amendments affecting their operations and regulation.

Key Provisions

• HR408 designates HB228, HB123, HB124, HB434, HB435 as the special and paramount order of business for the 15th legislative day, ahead of regular and unfinished business.
• HB228: Prepaid Affordable College Tuition (PACT) Program funding changes, including annual appropriations from the Education Trust Fund to the PACT Fund based on a specified formula; repeals Sec. 16-33C-9.
• HB123: PACT Program governance changes, creating a separate board of directors and detailing members and duties; multiple sections (16-33C-3 to 16-33C-12) amended or added.
• HB124: Establishes a PACT Advisory Task Force with defined membership and duties.
• HB434: Constitutional amendments affecting private corporations, railroads, and canals by amending and repealing numerous sections of Article XII of the Alabama Constitution.
• HB435: Constitutional amendments related to banks and banking, including prohibition of establishing a bank except under general banking law, unlimited duration, prohibition on political subdivisions owning stock or lending to banks, and added examination requirements; several sections repealed.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Resolution, Legislative