HB407 Alabama 2012 Session

Updated Jan 10, 2026

House Bill

Enacted

Current Status

Regular Session 2012

Session

Summary

Primary Sponsor: Laura Hall Representative
Democrat
Co-Sponsors: Jim Patterson Ken Johnson Mac Buttram Wes Long Dan Williams Lynn Greer Terri Collins Kerry Rich Phil Williams Mike Ball Mac McCutcheon Johnny Mack Morrow Marcel Black Wayne Johnson
Session: Regular Session 2012
Title: Public School and College Authorities, change baseline date, increase average salary, allow schools affected by closure of bases to receive proceeds from the authority, Secs. 16-16A-2, 16-16A-7, 16-16A-8 am'd
Description: Under existing law, the Alabama Public School and College Authority is authorized to sell and issue bonds and apply the proceeds for the construction of new school facilities as well as the renovation of existing school facilities in school systems directly impacted by the 2005 Base Realignment and Closure.
This bill would change the baseline date to January 1, 2006.
This bill would provide that the average salary or equivalent wage can be attributed to 2005 BRAC that is equal to or exceeding $80,000.
This bill would remove the provision that a school district may not receive the proceeds of the bonds issued by the Public School and College Authority unless the district or political subdivision has experienced an increase in the sales tax rate.
This bill would remove the provision that in order to qualify for bond proceeds, a local school system may redirect an existing tax not currently dedicated to schools to qualify for bonds.
Subjects: Huntsville