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SB183 Alabama 2020 Session

Updated Feb 13, 2020

Summary

Session
Regular Session 2020
Title
Counties, refunding bonds previously issued, ratified under certain conditions, authorized to further refund, Sec. 11-81-93 am'd.
Description

Under existing law a county may issue refunding bonds to refund outstanding bonds not exceeding the principal amount of the bonds to be refunded.

This bill would authorize a county to issue bonds to refund certain bonds previously issued by the county; would ratify and confirm the validity of any refunding bonds originally issued prior to January 1, 2011; and would make certain exceptions relating to pending litigation.

Subjects
Counties

Bill Actions

S

Delivered to Governor at 12:47 p.m. on May 8, 2020

S

Assigned Act No. 2020-121.

H

Signature Requested

S

Enrolled

S

Passed Second House

H

Motion to Read a Third Time and Pass adopted Roll Call 541

H

Third Reading Passed

H

Read for the second time and placed on the calendar

H

Read for the first time and referred to the House of Representatives committee on County and Municipal Government

S

Engrossed

S

Motion to Read a Third Time and Pass adopted Roll Call 297

S

Sessions motion to Adopt adopted Roll Call 296

S

Banking and Insurance Amendment Offered

S

Third Reading Passed

S

Read for the second time and placed on the calendar 1 amendment

S

Read for the first time and referred to the Senate committee on Banking and Insurance

Bill Text

Votes

Motion to Read a Third Time and Pass

May 8, 2020 House Passed
Yes 57
Abstained 12
Absent 36

Documents

Source: Alabama Legislature