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]

Text: Latest bill text (Enrolled) [PDF]

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Voting Records

Chamber	Vote	Date	Yea	Nay	NV	Abs	Total	Result	Source	View
House	Read a Third Time and Pass	2023-04-20	104	0	0	1	105	Passed	Link	View
Senate	Read A Third Time And Passed As Amended	2023-04-13	30	0	0	5	35	Passed	Link	View
Senate	Adopt PZFARE-1	2023-04-13	30	0	0	5	35	Passed	Link	View
Senate	Adopt Y1AYNN-1	2023-04-13	30	0	0	5	35	Passed	Link	View