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AL SB251
Bill
AI Summary
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Amends Section 2-6-12 of the Code of Alabama 1975 to appropriate $800,000 annually from the State General Fund to the Alabama Agriculture Center Board beginning in fiscal year ending September 30, 2013, and continuing thereafter.
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Annual appropriation is contingent on a restoration, renovation, and improvement agreement of at least $30,000,000 remaining in effect between the board and a public institution or corporation for Garrett Coliseum and the Alabama Agriculture Center in Montgomery.
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Continuing appropriation shall cease in the fiscal year following expiration or termination of the renovation agreement, but in no case shall it continue beyond fiscal year 2042.
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Appropriation authority becomes null and void after September 30, 2015, if the board has not entered into a restoration, renovation, and improvement agreement utilizing primarily private funding by that date.
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Act becomes effective immediately upon passage and approval by the Governor.
Legislative Description
Garrett Coliseum, appropriation to Agricultural Center Board for renovation, beginning fiscal year ending September 30, 2012, changed to year 2013, Sec. 2-6-12 am'd. (2011-20949)
Appropriations
Last Action
Delivered to Governor at 11:45 p.m. on June 9, 2011
6/9/2011