Bill Title: Relating to economic development; to add Article 2D, commencing with Section 41-10-47.01, to Chapter 10 of Title 41, Code of Alabama 1975; to authorize the State Industrial Development Authority to make site assessment grants and site development grants to certain companies; to provide for the criteria that must be met for grant approval; to provide for changes to criteria based on economic conditions; to limit the funding that may be received by any site under the grant program; to create the Alabama Site Development Fund and provide for its management; to amend Section 41-10-27.2, Code of Alabama 1975, providing for an annual appropriation to the State Industrial Development Authority, to authorize the appropriation to be expended on the grant program created herein; and to exempt the State Industrial Development Authority and certain economic development organizations from certain state laws.

Sponsorship: Partisan Bill (Republican 1)

Status: (Passed) 2023-04-20 - Enacted [SB165 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Enrolled	2023-04-20	PDF	Link	View
Introduced	2023-04-04	PDF	Link	View
Engrossed	Not Avail	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
Senate Adopt	2023-04-13	Proposed	PDF	Link	View
Senate Fiscal Responsibility and Economic Development AMD/SUB	2023-04-11	Proposed	PDF	Link	View

Supplemental Documents

Title	Description	Date	Format	Source	View
Fiscal Note	As Introduced	Not Avail	PDF	Link	View
Fiscal Note	As Passed First Chamber	Not Avail	PDF	Link	View
Fiscal Note	As Passed First Chamber Committee	Not Avail	PDF	Link	View