HB360 Alabama 2016 Session
Bill Summary
This proposed amendment shall be known as the Alabama Strategic Investment Initiative
This bill would propose an amendment to the Constitution of Alabama of 1901, to provide for the distribution and use of certain payments received by the state from settlements and other monies
The proposed amendment also would require the Legislature to enact legislation creating an authority to issue revenue bonds using any Deepwater Horizon Oil Spill Disaster Settlement to fund the bond payments and require distribution of amounts from such bond issuance for certain purposes
Proposing an amendment to the Constitution of Alabama of 1901, to provide for the distribution and appropriations of payments from settlements and other monies; and to authorize the issuance of revenue bonds using any Deepwater Horizon Oil Spill Disaster Settlement monies.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 1, 2016 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB360 Alabama 2016 Session - Introduced |