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HB212 Alabama 2011 Session

Updated Jan 10, 2026
HB212 Alabama 2011 Session
House Bill
In Committee
Current Status
Regular Session 2011
Session
42
Sponsors

Summary

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