Alabama HB562 proposes a constitutional amendment to allow the Legislature to participate in bonding authorities.

Alabama HB562 proposes an amendment to the Constitution of Alabama of 2022, authorizing the Legislature to provide full participation on any bonding authority. This includes the power to override the issuance of bonds or incurrance of other debt. The amendment would be subject to a vote by the qualified electors of Alabama. If approved, the Legislature could enact general laws to ensure legislative oversight and control over bonding authorities.

Alabama HB562 proposes a constitutional amendment to allow the Legislature to participate in bonding authorities.

Alabama HB562 proposes an amendment to the Constitution of Alabama of 2022, authorizing the Legislature to provide full participation on any bonding authority. This includes the power to override the issuance of bonds or incurrance of other debt. The amendment would be subject to a vote by the qualified electors of Alabama. If approved, the Legislature could enact general laws to ensure legislative oversight and control over bonding authorities.