Code of Alabama - Title 16: Education - Chapter 16B - Alabama Ahead Act
- Section 16-16B-1 Short title; electronic textbooks; wireless electronic devices; rule making authority; implementation plan; Alabama Ahead Oversight Committee
(a) This chapter shall be known and may be cited as the Alabama Ahead Act. (b)(1) Commencing with the 2016-2017 school year, students may be...
- Section 16-16B-2 Definitions
(a) Wherever used in this chapter, the following terms shall have the following meanings unless the context clearly indicates otherwise: (1) "1965 Act" means Act...
- Section 16-16B-2.1 Wireless infrastructure and mobile digital computing devices; application for funds; implementation plan
(a)(1) Contingent on funding, during the 2016-2017 school year, local school systems may begin installing sufficient, high-quality standards-based broadband WiFi infrastructure and, where possible, mobile...
- Section 16-16B-3 (Implementation Conditioned on Separate Legislative Enactment.) Authorization to issue additional bonds and purposes thereof
(a) The Authority is hereby authorized to sell and issue its Bonds in the aggregate principal amount of up to $100,000,000 and to apply the...
- Section 16-16B-4 (Implementation Conditioned on Separate Legislative Enactment.) Execution and other details of the bonds
The Bonds shall be signed by the president or vice-president of the Authority, and the seal of the Authority affixed thereto (or a facsimile thereof...
- Section 16-16B-5 (Implementation Conditioned on Separate Legislative Enactment.) Sale of the bonds
The Bonds may be sold by the Authority from time to time in series, and if sold in more than one series, may all be...
- Section 16-16B-6 (Implementation Conditioned on Separate Legislative Enactment.) Appropriation of revenues to the authority; pledge thereof for
For the purpose of providing for payment of the principal, premium (if any), and interest on the Bonds, and to accomplish the objectives of this...
- Section 16-16B-7 (Implementation Conditioned on Separate Legislative Enactment.) Bonds to be payable solely out of the revenues appropriated; authorization for authority to pledge such revenues for the bonds
The Bonds shall not be general obligations of the Authority but shall be limited obligations payable solely out of the residues of the tax receipts...
- Section 16-16B-8 (Implementation Conditioned on Separate Legislative Enactment.) Refunding bonds
For the purpose of refunding any Bonds or Refunding Bonds of the Authority issued under the provisions of this chapter, the 1965 Act, the 1971...
- Section 16-16B-9 (Implementation Conditioned on Separate Legislative Enactment.) Use of bond proceeds
(a) The proceeds derived from each sale of the Bonds issued pursuant to this chapter shall be deposited in the State Treasury and shall be...
- Section 16-16B-10 (Implementation Conditioned on Separate Legislative Enactment.) Disposition of funds
Notwithstanding any of the foregoing and in addition to all powers heretofore granted to the Authority, the Authority is hereby expressly authorized to use the...
- Section 16-16B-11 (Implementation Conditioned on Separate Legislative Enactment.) Tax exemption
The Authority shall have the power to make such payments to the United States of America as the board of directors of the Authority deems...
- Section 16-16B-12 (Implementation Conditioned on Separate Legislative Enactment.) Issuance expenses; contracts and appointments
The Authority is authorized to pay out of proceeds of any series of Bonds the costs and expenses incurred in connection with the issuance of...
Last modified: May 3, 2021