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  1. Bama Politics
  2. Alabama
  3. Alabama House & Senate Bills
  4. 2021 Alabama Legislative Regular Session
  5. 2021 Alabama House Bills
  6. HB463 Alabama 2021 Session

HB463 Alabama 2021 Session

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Contents hide
  • 1 Bill Summary
  • 2 Bill Actions
  • 3 Bill Calendar
  • 4 Bill Text
  • 5 Bill Votes
  • 6 Bill Documents

Bill Summary

Sponsors
  • Chris England
  • Artis McCampbell
  • Bill Poole
  • Kyle South
  • Rodney Sullivan
  • Rich Wingo
Session
Regular Session 2021
Title
Joint road improvement authorities, provide for method of incorporation, powers, duties, provide for reincorporation of certain existing road improvement commissions
Description

This bill would provide for the establishment of joint road improvement authorities by counties and participating municipalities, and would provide for the procedure for incorporation of an authority and officers and directors of an authority

This bill would also provide a procedure for reincorporating and ratifying the existence of previously created road improvement commissions in counties containing a Class 4 municipality incorporated under Chapter 44B of Title 11, Code of Alabama 1975

This bill would authorize a joint road improvement authority to issue and sell bonds, make grants, and amend the articles of incorporation of the authority and would provide for certain other powers of an authority. The bill would also exempt an authority from certain taxes, provide for the validation of bond issues by an authority, provide for the authorization of the appropriation of funds and the donation of property to an authority, provide for the dissolution of an authority and transfer of funds upon dissolution, provide for the investment in bonds of an authority by certain entities, and would provide for the bonds of an authority to be eligible to be pledged as security for funds belonging to the state or any of its political subdivisions or instrumentalities

Providing for the creation of joint road improvement authorities for counties and participating municipalities; providing a procedure for incorporation; providing for the qualifications, procedure for election, and terms of the officers and directors of an authority; providing for the procedure for reincorporating and ratifying the existence of previously created road improvement commissions in counties containing a Class 4 municipality incorporated under Chapter 44B of Title 11, Code of Alabama 1975; providing for the issuance, sale, and execution of bonds; providing for the disposition of proceeds from sale of bonds and refunding bonds; providing for the making of grants and the amendment of articles; providing for powers of an authority; providing for certain exemptions from taxation; providing for limited liability; providing a procedure for validating bond issues; authorizing other governmental bodies to appropriate funds and donate property to an authority; providing for the dissolution of authorities and transfer of funds and assets upon dissolution; allowing municipalities, counties, the state, the Teachers' Retirement System of Alabama, the Employees' Retirement System of Alabama, the State Insurance Fund, and fiduciaries to invest in bonds issued by an authority; and authorizing bonds to be pledged as security.

Subjects
Authorities

Bill Actions

Action Date Chamber Action
March 18, 2021 S Pending third reading on day 17 Favorable from Transportation and Energy
March 18, 2021 S Read for the second time and placed on the calendar
March 16, 2021 S Read for the first time and referred to the Senate committee on Transportation and Energy
March 11, 2021 H Engrossed
March 11, 2021 H Motion to Read a Third Time and Pass adopted Roll Call 406
March 11, 2021 H Motion to Adopt adopted Roll Call 405
March 11, 2021 H Transportation, Utilities and Infrastructure Amendment Offered
March 11, 2021 H Third Reading Passed
March 3, 2021 H Read for the second time and placed on the calendar 1 amendment
February 25, 2021 H Read for the first time and referred to the House of Representatives committee on Transportation, Utilities and Infrastructure

Bill Calendar

Type Date Location Description
Hearing March 18, 2021 Room 825 Added HB 463 at 08:30 Senate T&E Hearing
Hearing March 3, 2021 Room 617 at 09:00 House TU&I Hearing

Bill Text

Download HB463 Alabama 2021 Session PDF

Bill Votes

Motion to Read a Third Time and Pass Roll Call 406
2021-03-11
Chamber: House
Result: Passed
Motion to Adopt Roll Call 405
2021-03-11
Chamber: House
Result: Passed
HBIR: England motion to Adopt Roll Call 404
2021-03-11
Chamber: House
Result: Passed

Bill Documents

Type Link
Bill Text HB463 Alabama 2021 Session - Engrossed
Bill Text HB463 Alabama 2021 Session - Introduced
Bill Amendments House Transportation, Utilities and Infrastructure first Amendment Offered
Bill Amendments House State Government first Substitute Offered
Bill Amendments House State Government Amendment Offered
Bill Amendments House Gray Amendment Offered
Fiscal Note Fiscal Note - HB463 for Transportation, Utilities and Infrastructure
Fiscal Note Fiscal Note - HB463 for Transportation, Utilities and Infrastructure
Fiscal Note Fiscal Note - HB404 for State Government
Fiscal Note Fiscal Note - HB463 for Transportation and Energy
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