SB19 Alabama 2018 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2018
Title
State Parking Deck Authority, maturity date for bonds further provided for, specifications of state parking deck altered, transfer to General Fund from Authority's reserve fund, Sec. 41-10-515 repealed; Secs. 41-10-490, 41-10-497, 41-10-502, 41-10-513, 41-10-516 am'd.
Description
<p class="bill_description"> This bill would provide further for the
specifications of the state parking deck, the
maturity date for bonds for the Alabama Parking
Deck Authority, the leasing powers of the
authority, the transfer of funds from the
authority's reserve fund to the State General Fund,
and the maximum principal amount of bonds that may
be issued by the authority</p><p class="bill_entitled_an_act"> To amend Sections 41-10-490, 41-10-497, 41-10-502,
41-10-513, and 41-10-516, Code of Alabama 1975, relating to
the Alabama State Parking Deck Authority; to provide further
for the maturity date for bonds issued by the authority; to
provide further for the specifications of the state parking
deck; to provide further for the authority to lease the
facilities, to provide for transfers to the State General Fund
from the authority's reserve fund, and to increase the maximum
amount of bonds that may be issued by the authority; and to
repeal Section 41-10-515, Code of Alabama 1975, relating to
the lease of a vacant or unused facility.
</p>
Subjects
Bonds
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| January 9, 2018 | 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 | February 8, 2017 | 727 at 11:00 | Senate V&MA Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB19 Alabama 2018 Session - Introduced |