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

This bill proposes a constitutional amendment that would allow the Alabama Legislature to participate in any authority that issues bonds or takes on debt. Under this change, the Legislature could pass laws enabling full legislative involvement in bonding authorities, including the power to override decisions to issue bonds or incur debt. The amendment would require voter approval through a statewide election before it becomes part of the state constitution. If passed, this would give lawmakers direct control over debt-related decisions that currently may be made by other authorities. The bill is currently in the early stages of the legislative process and has not yet been fully debated or voted on.