HB360 Alabama 2016 Session

Updated Jul 24, 2021

HB360 Alabama 2016 Session

House Bill

In Committee

Current Status

Regular Session 2016

Session

1

Sponsor

Summary

Primary Sponsor: Randy Davis
Republican
Session: Regular Session 2016
Title: Deepwater Horizon Oil Spill Disaster Settlements, creaton of authority by Legislature required to issue bonds for certain purposes, Alabama Strategic Investment Initiative, const. amend.
Description: This proposed amendment shall be known as the Alabama Strategic Investment Initiative.
This bill would propose an amendment to the Constitution of Alabama of 1901, to provide for the distribution and use of certain payments received by the state from settlements and other monies.
The proposed amendment also would require the Legislature to enact legislation creating an authority to issue revenue bonds using any Deepwater Horizon Oil Spill Disaster Settlement to fund the bond payments and require distribution of amounts from such bond issuance for certain purposes.
Subjects: Constitutional Amendments

Bill Actions

Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund

Bill Text

Download Introduced PDF

Documents

Bill Text (Introduced) HB360 Alabama 2016 Session - Introduced

Source: Alabama Legislature