HB582 Alabama 2012 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2012
Title
Education, quarterly interest on bonds, Public School and College Authority report to Joint Fiscal Committee, Legislative Fiscal Office, Ways and Means - Education Fund Committee Chair, Finance and Taxation - Education Fund Committee Chair, Sec. 16-16-18 added
Description
<p class="bill_description"> Under existing law, the Public School and
College Authority (PSCA) is not required to report
information on bond proceeds</p><p class="bill_description">
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</p><p class="bill_entitled_an_act"> 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.
</p>
Subjects
Education
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 |