Code of Alabama
Chapter 16B - Alabama Ahead Act.
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 proceeds as provided in this chapter, to include the following purposes: Paying the costs of acquisition and maintaining computer equipment, software, and digital textbooks for public education purposes in the State.
(b) The Bonds authorized by this chapter to be issued by the Authority shall be in addition to all other bonds previously authorized to be issued by it, and the powers conferred on the Authority by this chapter are in addition to all other powers heretofore conferred on the Authority by acts heretofore enacted by the Legislature.

Structure Code of Alabama

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.

Section 16-16B-2 - Definitions.

Section 16-16B-2.1 - Wireless Infrastructure and Mobile Digital Computing Devices; Application for Funds; Implementation Plan.

Section 16-16B-3 - (Implementation Conditioned on Separate Legislative enactment.) Authorization to Issue Additional Bonds and Purposes Thereof.

Section 16-16B-4 - (Implementation Conditioned on Separate Legislative enactment.) Execution and Other Details of the Bonds.

Section 16-16B-5 - (Implementation Conditioned on Separate Legislative enactment.) Sale of the Bonds.

Section 16-16B-6 - (Implementation Conditioned on Separate Legislative enactment.) Appropriation of Revenues to the Authority; Pledge Thereof For.

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.

Section 16-16B-8 - (Implementation Conditioned on Separate Legislative enactment.) Refunding Bonds.

Section 16-16B-9 - (Implementation Conditioned on Separate Legislative enactment.) Use of Bond Proceeds.

Section 16-16B-10 - (Implementation Conditioned on Separate Legislative enactment.) Disposition of Funds.

Section 16-16B-11 - (Implementation Conditioned on Separate Legislative enactment.) Tax Exemption.

Section 16-16B-12 - (Implementation Conditioned on Separate Legislative enactment.) Issuance Expenses; Contracts and Appointments.