Alabama Senate Bill 431 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on March 20 2012 - 25% progression, died in committee
Action: 2012-03-20 - Read for the first time and referred to the Senate committee on Finance and Taxation Education
Pending: Senate Finance and Taxation Education Committee
Text: Latest bill text (Introduced) [PDF]

Public School and College Authority, bonds, issuance of $1,070,585,022 billion for capital improvements for schools, colleges, other institutions, state agencies, and job training, revenue appropriated and pledged from utility gross receipts and service tax and sales and use tax with certain conditions, refunding bonds authorized, tax exemption provided from all state taxes and provision for federal income tax exemption, distribution formula provided, Education Facilities Excellence Act

Public School and College Authority, bonds, issuance of $1,070,585,022 billion for capital improvements for schools, colleges, other institutions, state agencies, and job training, revenue appropriated and pledged from utility gross receipts and service tax and sales and use tax with certain conditions, refunding bonds authorized, tax exemption provided from all state taxes and provision for federal income tax exemption, distribution formula provided, Education Facilities Excellence Act

Sen. Paul Bussman [R]

Date	Chamber	Action
2012-03-20		Read for the first time and referred to the Senate committee on Finance and Taxation Education

Type	Source
Summary	http://alisondb.legislature.state.al.us/alison/SESSBillResult.ASPX?WIN_TYPE=BillResult&BILL=SB431
Text	https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2012RS/PrintFiles/SB431-Int.pdf