SB32 Alabama 2015 1st Special Session
Bill Summary
This bill proposes an amendment to the Constitution of Alabama of 1901 to authorize the state to issue up to $800,000,000 in bonds for the purpose of repaying amounts due to the Alabama Trust Fund and the General Fund Rainy Day Account and for capital improvements. The amendment would also authorize the state to guarantee bonds issued by a state authority created for those purposes
To propose an amendment to the Constitution of Alabama of 1901 to authorize the state to issue bonds for the purpose of repaying amounts due to the Alabama Trust Fund and the General Fund Rainy Day Account and for capital improvements; to authorize the state to guarantee bonds issued by a state authority created for those purposes; and to limit the total amount of bonds issued or guaranteed under this amendment to not more than $800,000,000.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| August 3, 2015 | S | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | August 4, 2015 | ROOM 727 at 19:00 | Senate F&TG Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB32 Alabama 2015 1st Special Session - Introduced |