AL SB145

Authorizes the Alabama Building Renovation Finance Authority to issue bonds up to $50 million for construction, renovation, reconstruction, improvement, alteration, addition, demolition, and resurfacing of public office building facilities including the State Capitol.

Amends Section 41-10-461 to clarify that bonds may be sold at public sale, private sale, or via negotiation as determined by the authority.

Allows bonds to be sold in multiple series with all series authorized in one initial board resolution, with individual series details specified in separate resolutions.

Requires Governor approval of the terms and conditions under which bonds may be issued before they become valid.

Becomes effective immediately upon passage and approval by the Governor.