HB229 Summary

• Transfers control of four parking areas in the State Capitol Complex from the Joint Parking Committee to the Legislative Building Authority, including King Street, McDowell Lee Lane, a lot bounded by Washington/Jackson/Ripley/Pelham Streets, and Capitol grounds parking.

• Transfers title and control in fee simple absolute of the parking lot to the rear of the State Capitol (between the Alabama State House and Folsom Building) to the Legislative Building Authority.

• Authorizes the Legislative Building Authority to organize as a public corporation, issue revenue bonds, and pledge lease proceeds to secure bond payments for Legislative Department facilities and improvements.

• Permits the Legislative Building Authority to extend and connect buildings to the State Capitol at any level with full ingress and egress between buildings, enter into agreements with the State and Retirement Systems of Alabama, employ personnel, and specify its own quorum.

• Vacates portions of McDowell Lee Lane, King Street, and Union Street in Montgomery and transfers absolute title and control of these street portions in fee simple absolute from the State of Alabama to the Legislative Building Authority.