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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2013 Alabama Legislative Regular Session
  5. 2013 Alabama House Bills
  6. HB102 Alabama 2013 Session

HB102 Alabama 2013 Session

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Signed by Governor

Bill Summary

Sponsors
  • April Weaver
Session
Regular Session 2013
Title
Twenty-First Century Workforce Act, Public School and College Authority, issuance of bonds for public schools and colleges, proceeds used for career and technical education equipment, workforce fund and committee created
Description

This bill, which shall be known and may be cited as The 21st Century Workforce Act, would authorize the Alabama Public School and College Authority to sell and issue up to $50,000,000 in aggregate principal amount of bonds in addition to all other bonds previously issued by the authority for the purpose of providing funds for career and technical education equipment for local boards of education

This bill also authorizes the authority to provide for the details of the bonds and for the terms of the sale thereof; and to make an appropriation and pledge for payment of the principal of and interest on the bonds of proceeds from specific excise taxes and other specific and dedicated appropriations to the extent necessary to pay the principal and interest at their respective maturities; to authorize the authority to pledge for payment of the principal of and interest on the bonds the monies so appropriated and pledged; to provide for the investment of funds by the State Treasurer; to provide that the bonds shall be limited obligations of the authority payable solely out of the funds so appropriated and pledged so that the bonds will not create a debt or obligation of the state; to provide that the bonds and the income therefrom shall be exempt from taxation in this state and the bonds may be used to secure deposits of funds of this state and its political subdivisions, instrumentalities, and agencies, and for investment of fiduciary funds; to authorize the authority to establish procedures and requirements to ensure compliance with the tax covenants with which the authority must comply; to exempt the bonds from the usury laws of this state; to authorize the issuance of refunding bonds by the authority and give details of such refunding; to provide for the employment of attorneys, fiscal advisors, trustees, paying agents, investment bankers, banks and underwriters and for the payment of all expenses incurred in the issuance of the bonds; to provide that after payment of the expenses of the issuance of the bonds the proceeds from the sale thereof shall be disbursed on orders or warrants issued by or under the direction of the authority for the purposes for which the bonds are authorized to be issued; to provide for the timely expenditure of the proceeds from the sale of the bonds; to provide that if any portion of this act shall be held invalid such holding shall not affect the validity of any other portion thereof; and to authorize the authority to reimburse the Building Commission, the Department of Finance, and the State Treasurer's Office for costs incurred in providing services for the authority

To provide for The 21st Century Workforce Act; to authorize the Alabama Public School and College Authority to sell and issue up to $50,000,000 in aggregate principal amount of additional bonds to provide funds for career and technical education equipment for local boards of education; to authorize the authority to provide for the details of the bonds and the sale and issuance thereof; to make an appropriation and pledge for payment of the principal of and interest on the bonds from specific taxes necessary to pay the principal and interest at their respective maturities; to authorize the authority to pledge for payment of the principal of and interest on the bonds the funds that are appropriated and pledged; to provide for the investment of funds by the State Treasurer; to provide that the bonds not constitute a debt of the state but shall be limited obligations payable out of the funds appropriated and pledged therefor; to provide that the bonds and the income therefrom shall be exempt from taxation in this state and that the bonds may be used to secure deposits of funds of this state and its political subdivisions, instrumentalities, and agencies, and for investment of fiduciary funds; to authorize the authority to establish procedures and requirements to ensure compliance with tax covenants with which the authority must comply; to exempt the bonds from the usury laws of the state; to authorize the authority to issue refunding bonds and give details of such refunding; to provide for the employment of attorneys, fiscal advisors, trustees, paying agents, investment bankers, banks and underwriters and for the payment of all expenses incurred in the issuance of the bonds; to provide that after payment of the expenses of the issuance of the bonds the proceeds from the sale thereof shall be disbursed on orders or warrants issued by or under the direction of the authority for the purposes for which the bonds are authorized to be issued; to provide for the timely expenditure of the proceeds from the sale of the bonds; to provide that if any portion of this act should be held invalid such holding shall not affect the validity of any other portion thereof; and to authorize the authority to reimburse the Building Commission, the Department of Finance, and the State Treasurer's Office for costs incurred in providing services for the authority.

Subjects
Education

Bill Actions

Action DateChamberAction
May 20, 2013SDelivered to Governor at 11:59 p.m. on May 20, 2013.
May 20, 2013SAssigned Act No. 2013-381.
May 20, 2013SSignature Requested
May 20, 2013HClerk of the House Certification
May 20, 2013SConcurred in Second House Amendment
May 20, 2013HEnrolled
May 20, 2013HButtram motion to Concur In and Adopt adopted Roll Call 1267
May 20, 2013HConcurrence Requested
May 20, 2013SMotion to Read a Third Time and Pass adopted Roll Call 1071
May 20, 2013SHoltzclaw motion to Adopt adopted Roll Call 1070
May 20, 2013SFinance and Taxation Education Amendment Offered
May 20, 2013SThird Reading Passed
March 5, 2013SRead for the second time and placed on the calendar 1 amendment
February 14, 2013SRead for the first time and referred to the Senate committee on Finance and Taxation Education
February 12, 2013HEngrossed
February 12, 2013HMelton and England intended to vote Yea
February 12, 2013HCosponsors intended to be Added
February 12, 2013HMotion to Read a Third Time and Pass adopted Roll Call 25
February 12, 2013HMotion to Adopt adopted Roll Call 24
February 12, 2013HMcCampbell Amendment Offered
February 12, 2013HMotion to Adopt adopted Roll Call 23
February 12, 2013HWarren Amendment Offered
February 12, 2013HThird Reading Passed
February 6, 2013HRead for the second time and placed on the calendar
February 5, 2013HRead for the first time and referred to the House of Representatives committee on Ways and Means Education

Bill Text

Download HB102 Alabama 2013 Session PDF

Bill Votes

Buttram motion to Concur In and Adopt
2013-05-20
Chamber: House
Result: Passed
Motion to Read a Third Time and Pass
2013-05-21
Chamber: Senate
Result: Passed
Holtzclaw motion to Adopt
2013-05-21
Chamber: Senate
Result: Passed
Cosponsors Added
2013-02-12
Chamber: House
Result: Passed
Motion to Read a Third Time and Pass
2013-02-12
Chamber: House
Result: Passed
Motion to Adopt
2013-02-12
Chamber: House
Result: Passed
Motion to Adopt
2013-02-12
Chamber: House
Result: Passed

Bill Documents

TypeLink
Bill Text HB102 Alabama 2013 Session - Enrolled
Bill Text HB102 Alabama 2013 Session - Engrossed
Bill Text HB102 Alabama 2013 Session - Introduced
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