There is a newer version
of
this Section
2018 Code of Alabama
Title 16 - EDUCATION.
Chapter 16A - BASE REALIGNMENT AND CLOSURE DISTRIBUTIONS.
Section 16-16A-3 - Distribution calculation.
Universal Citation: AL Code § 16-16A-3 (2018)
Section 16-16A-3Distribution calculation.
For purposes of this chapter, the BRAC Distribution provided by the Authority shall be the difference calculated by subtracting the number of jobs in the BRAC Impacted District on the Baseline Date from the number of jobs in the BRAC Impacted Area on the Determination Date for any year in which the Authority distributes bond proceeds. The calculated difference shall be divided proportionately to produce the BRAC Distribution for any distribution calculation. The method for the Authority to distribute the amount paid by the state shall be determined in accordance with Section 16-16A-4
(Act 2010-551, p. 980, §3.)
Disclaimer: These codes may not be the most recent version. Alabama may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
