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AL HB407
Bill
Status
5/16/2012
Primary Sponsor
Laura Hall
Click for details
AI Summary
HB407 Summary
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Changes the baseline date for BRAC (Base Closure and Realignment) job attributions from January 1, 2010 to January 1, 2006
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Increases the average salary threshold for qualifying jobs from $85,000 to $80,000 per year
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Increases authorized bond issuance from $175 million to $208 million and allocates $33 million specifically for school bus fleet renewal by January 1, 2013
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Removes the requirement that school districts experience a sales tax rate increase to qualify for bond proceeds, while removing provisions allowing redirection of existing taxes not currently dedicated to schools as an alternative qualification method
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Allows Jackson County and Marshall County to participate in the funding benefits of the BRAC bond program
Legislative Description
Public School and College Authorities, change baseline date, increase average salary, allow schools affected by closure of bases to receive proceeds from the authority, Secs. 16-16A-2, 16-16A-7, 16-16A-8 am'd
Huntsville
Last Action
Delivered to Governor at 11:59 p. m. on May 16, 2012.
5/16/2012