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HB562 • 2026

Bonding authorities; authorize Legislature to participate on bonding authorities; constitutional amendment

Bonding authorities; authorize Legislature to participate on bonding authorities; constitutional amendment

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Garrett
Last action
2026-03-03
Official status
Pending Committee Action in House of Origin
Effective date
Not listed

Plain English Breakdown

The official source material does not specify that the bill requires a separate voter approval process beyond what is standard for constitutional amendments.

Legislature's Role in Bonding Authorities

This bill proposes to change the Constitution of Alabama to allow the Legislature to participate fully in any authority that issues bonds or takes on debt.

What This Bill Does

  • Proposes a constitutional amendment allowing the Legislature to join bonding authorities and other entities issuing bonds or taking on debt.

Who It Names or Affects

  • The Alabama Legislature
  • Bonding authorities and other entities issuing bonds or taking on debt

Terms To Know

bonding authority
A group that can issue bonds to raise money for projects.
legislative participation
The involvement of the Legislature in decision-making processes.

Limits and Unknowns

  • It is unclear how this amendment will affect existing bonding authorities.
  • This bill needs voter approval to become part of the Constitution.

Bill History

  1. 2026-03-03 House

    Pending Committee Action in House of Origin

  2. 2026-03-03 House

    Read for the first time and referred to the House Committee on Fiscal Responsibility

Official Summary Text

Bonding authorities; authorize Legislature to participate on bonding authorities; constitutional amendment

Current Bill Text

Read the full stored bill text
HB562 INTRODUCED
Page 0
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
Page 1
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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HB562 INTRODUCED
Page 2
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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HB562 INTRODUCED
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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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