Motion to Read a Third Time and Pass
Yes
26
Absent
8

SB142 expands the powers of Alabama county and municipal authorities to spend funds in support of federal facilities located in Alabama.
It adds a new statutory power allowing authorities to expend funds to support federal facilities in Alabama, including promotion and growth of those facilities. It also preserves and clarifies existing authorities for leasing to the United States, acquiring and managing property, borrowing money, mortgaging, and entering contracts to carry out their projects. The bill also clarifies that such expenditures are not considered public money lending or credit, as long as they fall within the authorized purposes.
Source: Alabama Legislature