HB582 Alabama 2012 Session
Bill Summary
Under existing law, the Public School and College Authority (PSCA) is not required to report information on bond proceeds
This bill would require the Public School and College Authority to report on a quarterly basis the interest earned on all bond proceeds for the PSCA to the Joint Fiscal Committee, the Legislative Fiscal Office, the Chair of the House Ways and Means-Education Fund Committee, and the Chair of the Senate Finance and Taxation-Education Fund Committee
Relating to the Public School and College Authority; to add a new Section 16-16-18 to the Code of Alabama 1975, to require the Public School and College Authority to report on a quarterly basis the interest earned on all bond proceeds for the PSCA to the Joint Fiscal Committee, the Legislative Fiscal Office, the Chair of the House Ways and Means-Education Fund Committee, and the Chair of the Senate Finance and Taxation-Education Fund Committee.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 9, 2012 | Indefinitely Postponed | |
| May 2, 2012 | Read for the second time and placed on the calendar | |
| March 20, 2012 | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB582 Alabama 2012 Session - Introduced |