HB417 Alabama 2012 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2012
Title
County, city or town, or municipal authority organized under Article 9, commencing with Section 11-47-210, Chapter 47, Title 11, Code of Alabama 1975, relating to the funding, refunding, process of adjustment of public debts, counties may seek bankruptcy protection under certain financial situations, Sec. 11-81-3 am'd.
Description
This bill would provide that a county may file for bankruptcy under certain financial situations
To amend Section 11-81-3, Code of Alabama 1975, relating to the funding, refunding, and adjustment of the public debt of any county, or any city, town, or municipal authority organized under Article 9, commencing with Section 11-47-210, Chapter 47, Title 11, Code of Alabama 1975, to specifically provide that a county may file for bankruptcy under certain financial situations.
Subjects
Counties
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| February 23, 2012 | Read for the first time and referred to the House of Representatives committee on County and Municipal Government |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB417 Alabama 2012 Session - Introduced |