HB749 Alabama 2010 Session
Bill Summary
Under existing provisions of the Constitution of Alabama of 1901, Amendments 666 and 796, now appearing as Sections 219.04 and 219.041 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, bonds issued to refund existing general obligation bonds count against the maximum aggregate principal amount of general obligation bonds that may be issued pursuant to said amendments
This bill would propose an amendment to the Constitution of Alabama of 1901, to provide that bonds issued to refund bonds issued under said Amendments 666 and 796, now appearing as Sections 219.04 and 219.041 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, would not count against the maximum aggregate principal amount of general obligation bonds that may be issued pursuant to said amendments. In all other respects, Amendments 666 and 796, now appearing as Sections 219.04 and 219.041 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, would remain unchanged and in full force and effect
Proposing an amendment to the Constitution of Alabama of 1901, as amended, to allow the issuance by the State of general obligation refunding bonds under the authority of Amendment 666, now appearing as Section 219.04 of the Official Recompilation of the Constitution of Alabama of 1901, as amended, without regard to the maximum aggregate principal limitations imposed thereon by Amendments 666 and 796, now appearing as Sections 219.04 and 219.041 of the Official Recompilation of the Constitution of Alabama of 1901, as amended.
Bill Actions
Action Date | Chamber | Action |
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April 8, 2010 | Pending third reading on day 27 Favorable from Finance and Taxation General Fund | |
April 8, 2010 | Read for the second time and placed on the calendar | |
April 6, 2010 | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund | |
April 6, 2010 | Motion to Read a Third Time and Pass adopted Roll Call 862 | |
April 6, 2010 | Knight motion to Table adopted Roll Call 861 | |
April 6, 2010 | Government Appropriations first Substitute Offered | |
April 6, 2010 | Third Reading Passed | |
April 1, 2010 | Read for the second time and placed on the calendar with 1 substitute and | |
March 23, 2010 | Read for the first time and referred to the House of Representatives committee on Government Appropriations |
Bill Text
Bill Documents
Type | Link |
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Bill Text | HB749 Alabama 2010 Session - Introduced |