HB582 Alabama 2012 Session

Summary

Primary Sponsor

Jay Love

Republican

Co-Sponsor

Greg Wren

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

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.

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Subjects

Education