SB67 Alabama 2022 Session
Bill Summary
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
Relating to the Alabama Federal Aid Highway Finance Authority; to amend Section 23-1-314, Code of Alabama 1975, to provide further for the date for payment of the principal of and interest on the obligations issued by the authority.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 3, 2022 | S | Assigned Act No. 2022-122. |
| March 3, 2022 | H | Signature Requested |
| March 3, 2022 | S | Enrolled |
| March 3, 2022 | S | Passed Second House |
| March 3, 2022 | H | Motion to Read a Third Time and Pass adopted Roll Call 474 |
| March 3, 2022 | H | Third Reading Passed |
| February 23, 2022 | H | Read for the second time and placed on the calendar |
| February 16, 2022 | H | Read for the first time and referred to the House of Representatives committee on Ways and Means General Fund |
| February 16, 2022 | S | Motion to Read a Third Time and Pass adopted Roll Call 314 |
| February 16, 2022 | S | Third Reading Passed |
| February 9, 2022 | S | Read for the second time and placed on the calendar |
| January 11, 2022 | S | Read for the first time and referred to the Senate committee on Transportation and Energy |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | March 16, 2022 | Room 320 at 11:30 | Senate T&E Hearing |
| Hearing | February 23, 2022 | Room 617 **2nd REVISION at 13:30 | House W&MGF Hearing |
| Hearing | February 9, 2022 | Room 825 at 10:00 | Senate T&E Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB67 Alabama 2022 Session - Enrolled |
| Bill Text | SB67 Alabama 2022 Session - Introduced |
| Fiscal Note | Fiscal Note - SB67 for Transportation and Energy |
| Fiscal Note | Fiscal Note - SB67 for Ways and Means General Fund |