SB467 Summary

• Amends Amendment 518 of the Alabama Constitution to authorize the Franklin County Water Coordinating and Fire Prevention Authority to provide sewer services and broadband Internet services in addition to existing water and fire protection services.

• Grants the authority the ability to fix and collect rates, fees, and charges for services, impose penalties for nonpayment, place liens on property, and exercise eminent domain for public use.

• Authorizes the authority to borrow money and issue bonds without Franklin County being responsible for repayment or the debt counting against county debt limits.

• Permits the authority to extend service areas into one or more other counties beyond Franklin County.

• Requires a statewide election on the proposed constitutional amendment, with election officials to assign ballot numbers and set forth the amendment's substance for voters to approve or reject.