HB407 Alabama 2012 Session
Bill Summary
Under existing law, the Alabama Public School and College Authority is authorized to sell and issue bonds and apply the proceeds for the construction of new school facilities as well as the renovation of existing school facilities in school systems directly impacted by the 2005 Base Realignment and Closure
This bill would change the baseline date to January 1, 2006
This bill would provide that the average salary or equivalent wage can be attributed to 2005 BRAC that is equal to or exceeding $80,000
This bill would remove the provision that a school district may not receive the proceeds of the bonds issued by the Public School and College Authority unless the district or political subdivision has experienced an increase in the sales tax rate
This bill would remove the provision that in order to qualify for bond proceeds, a local school system may redirect an existing tax not currently dedicated to schools to qualify for bonds
To amend Sections 16-16A-2, 16-16A-7, and 16-16A-8, Code of Alabama 1975, to change the baseline date to January 1, 2006; to provide that the average salary or equivalent wage can be attributed to 2005 BRAC that is equal to or exceeding $80,000; to remove the provision that a school district may not receive the proceeds of the bonds issued by the Public School and College Authority unless the district or political subdivision has experienced an increase in the sales tax rate; and to remove the provision that in order to qualify for bond proceeds, a local school system may redirect an existing tax not currently dedicated to schools to qualify for bonds.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 16, 2012 | Delivered to Governor at 11:59 p. m. on May 16, 2012. | |
| May 16, 2012 | Assigned Act No. 2012-562. | |
| May 16, 2012 | Clerk of the House Certification | |
| May 16, 2012 | Enrolled | |
| May 16, 2012 | Signature Requested | |
| May 16, 2012 | Passed Second House | |
| May 16, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 1561 | |
| May 16, 2012 | Third Reading Passed | |
| May 10, 2012 | Holtzclaw Carry Over to the Call of the Chair Granted | |
| May 10, 2012 | Third Reading Carried Over to Call of the Chair | |
| May 9, 2012 | Read for the second time and placed on the calendar | |
| May 8, 2012 | Read for the first time and referred to the Senate committee on Finance and Taxation General Fund | |
| May 3, 2012 | Engrossed | |
| May 3, 2012 | Motion to Read a Third Time and Pass adopted Roll Call 1268 | |
| May 3, 2012 | Motion to Adopt adopted Roll Call 1267 | |
| May 3, 2012 | Love Amendment Offered | |
| May 3, 2012 | Third Reading Passed | |
| April 19, 2012 | Read for the second time and placed on the calendar | |
| February 23, 2012 | Read for the first time and referred to the House of Representatives committee on Ways and Means Education |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB407 Alabama 2012 Session - Enrolled |
| Bill Text | HB407 Alabama 2012 Session - Engrossed |
| Bill Text | HB407 Alabama 2012 Session - Introduced |