Skip to main content

House Bill 562 Alabama 2026 Session

Updated Mar 3, 2026
High Interest

Summary

Session
2026 Regular Session
Title
Bonding authorities; authorize Legislature to participate on bonding authorities; constitutional amendment
Summary

This bill would amend Alabama's constitution to let the Legislature participate in and potentially override decisions by any bond-issuing authority.

What This Bill Does

It would authorize the Legislature, by general law, to provide for full legislative participation on any authority, board, or entity that can issue bonds or incur debt. Legislative participation includes the power to override the issuance of bonds or other debt. If the amendment is ratified, it would be placed in the constitution and the Code Commissioner could make non-substantive formatting and cross-reference revisions. It also sets the election process to approve the amendment under existing constitutional rules.

Who It Affects
  • Legislature: gains authority to participate in and potentially override bonding decisions
  • Bonding authorities and related entities: would be subject to legislative participation and possible override by the Legislature
Key Provisions
  • Proposes a constitutional amendment to authorize full legislative participation on any authority, board, or entity with the power to issue bonds or incur debt
  • Legislative participation includes the power to override the issuance of bonds or other debt
  • If ratified, the Code Commissioner will insert the amendment into the Alabama Constitution and may perform non-substantive formatting revisions
  • Section 2 outlines the election process for approving the amendment (held under existing constitutional election rules; ballot description provided; Yes/No options)
  • Section 3 states the amendment becomes valid as part of the Constitution when approved by a majority of qualified electors
AI-generated summary using openai/gpt-5-nano-2025-08-07 on Mar 3, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects
Constitutional Amendments Statewide

Bill Actions

H

Pending House Fiscal Responsibility

H

Read for the first time and referred to the House Committee on Fiscal Responsibility

Bill Text

Documents

Source: Alabama Legislature