Alabama § 29-2-202 Calculation and Payment of Principal and Interest on Bonds Attributable to the Alabama State House

Alabama Statutes

§ 29-2-202 — Calculation and Payment of Principal and Interest on Bonds Attributable to the Alabama State House

Alabama § 29-2-202

Title 29Legislature

Ch. 2Permanent Legislative Committees

Art. 11Legislative Building Authority

This text of Alabama § 29-2-202 (Calculation and Payment of Principal and Interest on Bonds Attributable to the Alabama State House) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 29-2-202 (2026).

Text

The ABRFA shall annually calculate that portion of the amount necessary to pay the principal and interest on any bonds issued by the ABRFA that would have been paid from charges for space in the Alabama State House but for the enactment of this article and certify that amount to the state Comptroller. The amount so certified is appropriated from the General Fund to the ABRFA. The state Comptroller shall issue a warrant in that amount to the ABRFA. The payment of the amount shall be used exclusively to satisfy that portion of the payment of the principal and interest on bonds issued by the ABRFA that is attributable to the Alabama State House. The state Comptroller may disburse this amount in 12 equal monthly payments.

Free access — add to your briefcase to read the full text and ask questions with AI

The ABRFA shall annually calculate that portion of the amount necessary to pay the principal and interest on any bonds issued by the ABRFA that would have been paid from charges for space in the Alabama State House but for the enactment of this article and certify that amount to the state Comptroller. The amount so certified is appropriated from the General Fund to the ABRFA. The state Comptroller shall issue a warrant in that amount to the ABRFA. The payment of the amount shall be used exclusively to satisfy that portion of the payment of the principal and interest on bonds issued by the ABRFA that is attributable to the Alabama State House. The state Comptroller may disburse this amount in 12 equal monthly payments.