Repeal of Alabama's One-Cent Sales Tax Becomes Political Football

Sigo, Shelly
March 2005
Bond Buyer;3/21/2005, Vol. 351 Issue 32094, p31
Trade Publication
Reports that Alabama Representative Mary Moore has refiled a bill seeking to repeal the one-cent sales tax backing revenue bonds sold to fund capital improvements at public schools in Jefferson County. Outcome of Moore's original measure in the House; Sale of revenue warrants by the county in December and January 2005 secured by the tax; Statement of Mark Ezell, bond counsel for Young & Rediker LLC, regarding the contractual commitment to the warrant holders.


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