HB212 Alabama 2011 Session
Summary
- Primary Sponsor
-
Juandalynn Givan RepresentativeDemocrat - Co-Sponsors
- Becky NordgrenWes LongEd HenryApril WeaverPaul W. LeeDan WilliamsLynn GreerTerri CollinsMac ButtramJohn MerrillKen JohnsonDexter GrimsleyAllen FarleyMark TuggleBill PooleMike JonesDaniel H. BomanWayne JohnsonJim PattersonKerry RichK.L. BrownGregory CanfieldMac McCutcheonMike HillCraig FordJohnny Mack MorrowPatricia ToddJohn RobinsonRichard LindseyJay LoveMike BallChad FincherRod ScottMicky HammonHoward SanderfordBarry MaskRandy WoodJim McClendonJamie IsonSteve McMillanMarcel Black
- Session
- Regular Session 2011
- Title
- Economic development, financial commitments to build or expand in Alabama, written contracts required within certain time period, existing commitments without written contract void after certain period of time
- Description
This bill would provide that if the state makes a commitment to a company to provide economic development funds as an incentive to build or expand in this state, the state and the company must enter into a written mutually acceptable contract within five years after the date of the commitment in order for the commitment to be valid.
This bill would provide that any commitment already made by the state where the company and the state do not enter into a written mutually acceptable contract within five years after the date of the commitment or one year after the effective date of this act is void.
- Subjects
- Economic Development
Bill Actions
Collins motion to Indefinitely Postpone adopted Voice Vote
Collins motion to Substitute a SB77 for the bill HB212 adopted Voice Vote
Third Reading Indefinitely Postponed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism
Bill Text
Documents
Source: Alabama Legislature