Alabama Charter School Finance Authority, bonding authority established, legislative findings, board membership, powers, contracts, investments

Summary

The bill establishes a new state charter school finance authority that can issue bonds, enter contracts and make investments to support charter schools. It also defines the authority’s board composition and gives its members, officers, employees and representatives legal immunity for actions taken in their official capacity, except for intentional misconduct. The goal is to streamline financing for charter schools while protecting officials from civil suits.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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