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AL HB752

Bill

Official Source

Status

Passed

5/10/2012

Primary Sponsor

Johnny Morrow

Click for details

Origin

House of Representatives

Regular Session 2012

AI Summary

  • Directs all funds from the severed material severance tax fund remitted to Franklin County under Section 40-13-58 of the Alabama Code to be distributed to the Franklin County Development Authority for economic development purposes.

  • Requires that distributed funds be used exclusively for economic development activities.

  • Became effective immediately upon passage and approval by the Governor.

  • Passed by the House on May 2, 2012 and the Senate on May 9, 2012.

Legislative Description

Franklin County, distribution of certain funds for economic development to the Franklin County Development Authority

Franklin County

Last Action

Delivered to Governor at 12:47 p. m. on May 10, 2012.

5/10/2012

Committee Referrals

Local Legislation No. 15/3/2012
Local Legislation4/26/2012

Full Bill Text

No bill text available