Scored 4/10 on whether it helps or hurts everyday people.
The Finance Check Bill
Alabama cuts finance check on electric co bond deals
State rural electrification authorities and electric membership corporations; removes requirement for Department of Finance approval for issuance of bonds
Mixed: some good, some bad ·
The bill would let rural electric co's issue bonds without state finance department approval, so taxpayers may bear more risk.
Our take
What we think, in plain words.
If passed, the state loses a safety check that helps protect public money, letting utilities raise money more easily, which could raise rates or increase debt for citizens.
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The facts
What the bill actually says, no spin.
- Removes the requirement for Department of Finance approval for bond issuance by state rural electrification authorities.
- Removes the requirement for Department of Finance approval for bond issuance by electric membership corporations.
In the news
Scanning the news for this bill…
Headlines gathered from across the news, starting points to explore, not endorsements. Always read the official text before acting.
Sources
Read it yourself: the official bill and records.
This bill is in the Alabama Bill Book 2026
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