Alabama · FIN.6
Public School and College Authority Bond Financing Authority
Statutory
Authorized
Active
The Alabama Public School and College Authority is authorized to issue bonds to finance capital improvement projects for public K-12 schools and public higher education institutions in amounts and for purposes established by legislative acts.
- State
- Alabama
- Applies to
- Applies to state-level bond financing undertaken through the Alabama Public School and College Authority.
- Trigger
- Legislative authorization of a PSCA bond issuance.
- Conditions
- Bond amounts and purposes are established through specific legislative acts.
- Responsible actors
- Alabama Public School and College Authority
Evidence & sources
- NCSI profile
- Alabama State Profile (2025), printed p. 29
- Legal sources
- Ala. Code §§ 16-16-1 through 16-16-14 — Alabama Public School and College Authority Act (Statute / Code, primary)
- Ala. Code § 16-16-8 — Alabama Code Section 16-16-8 (Statute / Code)
- Verification
- Profile Only
Prototype research tool. Records are normalized from NCSI state profiles and have not been verified against current statutes or regulations. This is not legal advice — consult primary legal sources for current requirements.