Tuesday, May 21 2013 11:13 PM EDT2013-05-22 03:13:20 GMT
Dozens of people came out Tuesday night to voice their concerns about a proposed sales tax increase. The Madison City Council held a meeting at City Hall.More >>
Dozens of people came out Tuesday night to voice their concerns about a proposed sales tax increase. The Madison City Council held a meeting at City Hall.More >>
Tuesday, May 21 2013 10:35 PM EDT2013-05-22 02:35:00 GMT
Two brothers are dead after a stabbing at a West Huntsville church. More >>
Two brothers are dead after a stabbing at a West Huntsville church. More >>
MONTGOMERY, AL (AP) -
Gov. Robert Bentley is crisscrossing the
state to ask voters to approve a constitutional amendment that could
determine how successful he is in keeping his campaign promise to create
jobs.
Bentley is urging voters to
approve Amendment 2 on Nov. 6. He says it will give the state a new
avenue for providing incentives for industries to locate in Alabama.
Alabama's Constitution
already allows the state to sell up to $750 million in bonds for
industrial incentives. The state is near that limit. Amendment 2 will
allow the state to issue new bonds as it pays off the older bonds, as
long as the total debt doesn't exceed $750 million. It will also allow
the refinancing of old bonds to lower the interest rate.
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