SB217 Alabama 2012 Session

Updated Jul 25, 2021

Summary

Primary Sponsor: Cam Ward
Republican
Co-Sponsors: J.T. Waggoner Clay Scofield Gerald O. Dial Tom Whatley
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

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