Motion to Read a Third Time and Pass Roll Call 185
Yes
100
Absent
3
HB107 Alabama 2022 Session
Updated Feb 17, 2022
HB107 Alabama 2022 Session
House Bill
In Second Chamber
Current Status
Regular Session 2022
Session
1
Sponsor
Summary
- Primary Sponsor
-
Kyle South RepresentativeRepublican - Session
- Regular Session 2022
- Title
- Federal Aid Highway Finance Authority, date for payment of principal and interest, further provided, Sec. 23-1-314 am'd.
- Description
Under existing law, the State Department of Transportation is required to set aside the first monies received out of the revenues pledged to the obligations of the Alabama Federal Aid Highway Finance Authority in each fiscal year and deposit the same in a sinking fund established within the State Treasury until there shall have been accumulated therein an amount at least sufficient to pay the principal of and interest on the obligations.
This bill would provide that the pledged revenues instead be deposited into the sinking fund no later than the date for payment of the principal of and interest on the obligations.
- Subjects
- Highways, Roads, and Bridges
Bill Actions
S
Read for the first time and referred to the Senate committee on Transportation and Energy
H
Motion to Read a Third Time and Pass adopted Roll Call 185
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 Transportation, Utilities and Infrastructure
Bill Text
Votes
HBIR: South motion to Adopt Roll Call 184
Yes
99
Absent
4
Documents
Source: Alabama Legislature