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SB217 Alabama 2012 Session

Updated Jul 25, 2021
SB217 Alabama 2012 Session
Senate Bill
In Committee
Current Status
Regular Session 2012
Session
5
Sponsors

Summary

Primary Sponsor
Cam Ward
Republican
Session
Regular Session 2012
Title
Alabama Economic Development Trust Fund, established, funded by two percent administrative fee from bonds issued by the state, state agencies, or authorities for economic development purposes
Description

This bill would require an administrative fee to be included in every bond issue authorized by the State of Alabama and any State Agency or State created public authority; and would distribute proceeds from the administrative fee to the Alabama Economic Development Trust Fund created by this bill. This bill shall be known as the David Echols bill.

Subjects
Business and Commerce

Bill Actions

Read for the first time and referred to the Senate committee on Job Creation and Economic Development

Bill Text

Documents

Source: Alabama Legislature