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Ivey proposes $1 billion school bond issue

Ivey first announced the project in her State of the State address on Tuesday night.

Posted: Feb 7, 2020 3:34 PM

MONTGOMERY, Ala. (AP) - Alabama Gov. Kay Ivey is proposing a $1 billion school construction bond issue, the largest capital improvement project in more than a decade.

The bond issue would be the largest through the Public School and College Authority for school construction since 2007 when lawmakers approved a $1.07 billion bond issue at the urging of then-Gov. Bob Riley.

Ivey first announced the project in her State of the State address on Tuesday night.

The bond issue will provide money to every city and county K-12 school system and to two- and four-year colleges.

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