Existing law provides for state funding to offset depreciation of school buses used by public schools; currently, the State Board of Education has set a 10-year limit on depreciation funding.
This bill would establish a 12-year or 200,000 mile depreciation schedule for funding for the depreciation in value for school buses.
Read for the first time and referred to the House of Representatives committee on Judiciary
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 721
Stutts motion to Adopt adopted Roll Call 720
Stutts motion to Table lost Voice Vote
Judiciary Amendment Offered
Third Reading Passed
Read for the second time and placed on the calendar 1 amendment
Read for the first time and referred to the Senate committee on Judiciary
Source: Alabama Legislature