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HB562 INTRODUCED
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HB562
EJLZT92-1
By Representatives Garrett, Ledbetter, Lovvorn, Lee, Reynolds
(Constitutional Amendment)
RFD: Fiscal Responsibility
First Read: 03-Mar-26
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EJLZT92-1 02/26/2026 PMG (L)cr 2025-3718
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First Read: 03-Mar-26
SYNOPSIS:
This bill would propose an amendment to the
Constitution of Alabama of 2022, to authorize the
Legislature, by general law, to provide full
legislative participation on any bonding authority in
order to limit the issuance of bonds or incurrance of
other debt.
A BILL
TO BE ENTITLED
AN ACT
Proposing an amendment to the Constitution of Alabama
of 2022, relating to bonding authorities; to authorize the
Legislature, by general law, to provide for legislative
participation on any authority that issues bonds.
BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:
Section 1. The following amendment to the Constitution
of Alabama of 2022, is proposed:
PROPOSED AMENDMENT
The Legislature, by general law, may provide for full
legislative participation on any authority, board, or other
entity with the power to issue bonds or otherwise become
indebted. Legislative participation includes the power to
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indebted. Legislative participation includes the power to
override the issuance of the bonds or debt.
Upon ratification of this constitutional amendment, the
Code Commissioner shall number and place this amendment as
appropriate in the constitution omitting this instructional
paragraph and may make the following nonsubstantive revisions:
change capitalization, hierarchy, spelling, and punctuation
for purposes of style and uniformity; correct manifest
grammatical, clerical, and typographical errors; revise
internal or external citations and cross-references; harmonize
language; and translate effective dates.
END OF PROPOSED AMENDMENT
Section 2. An election upon the proposed amendment
shall be held in accordance with Sections 284 and 285 of the
Constitution of Alabama of 2022, and the election laws of this
state. The appropriate election official shall assign a ballot
number for the proposed constitutional amendment on the
election ballot and shall set forth the following description
of the substance or subject matter of the proposed
constitutional amendment:
"Proposing an amendment to the Constitution of Alabama
of 2022, to authorize the Legislature, by general law, to
provide for legislative participation on any bonding
authority.
Proposed by Act ____. "
This description shall be followed by the following
language:
"Yes( ) No( ). "
Section 3. The proposed amendment shall become valid as
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Section 3. The proposed amendment shall become valid as
a part of the Constitution of Alabama of 2022, when approved
by a majority of the qualified electors voting thereon.
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