HB212 Alabama 2011 Session

Updated Feb 27, 2026

Notable

Summary

Primary Sponsor: Juandalynn GivanRepresentative
Democrat
Co-Sponsors: Becky Nordgren Wes Long Ed Henry April Weaver Paul W. Lee Dan Williams Lynn Greer Terri Collins Mac Buttram John Merrill Ken Johnson Dexter Grimsley Allen Farley Mark Tuggle Bill Poole Mike Jones Daniel H. Boman Wayne Johnson Jim Patterson Kerry Rich K.L. Brown Gregory Canfield Mac McCutcheon Mike Hill Craig Ford Johnny Mack Morrow Patricia Todd John Robinson Richard Lindsey Jay Love Mike Ball Chad Fincher Rod Scott Micky Hammon Howard Sanderford Barry Mask Randy Wood Jim McClendon Jamie Ison Steve McMillan Marcel 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
Summary: HB212 requires written contracts within five years for any state economic development incentive commitment, or the commitment becomes void.
What This Bill Does
If the state commits to provide economic development funds to a company, the commitment is only valid if the state and company sign a written contract within five years of the commitment date. If no mutually acceptable written contract is signed within five years (or within one year after this act’s effective date for pre-existing commitments), the commitment is void. The contract must outline the conditions of the project. The act becomes effective immediately after passage and approval by the Governor, or when it becomes law otherwise.

Who It Affects
State of Alabama and its economic development agencies – must ensure a written contract is signed within five years for each commitment; otherwise the commitment is invalid.
Companies that receive or seek economic development funds – must enter into a written, mutually acceptable contract within five years for the commitment to be valid.
Existing commitments made before the act’s effective date that lack a written contract within the specified timeframe – risk becoming void.

Key Provisions
Any commitment to provide economic development funds must be supported by a written mutually acceptable contract within five years of the commitment date in order to be valid.
For commitments made before the act, if a written contract is not signed within five years of the commitment date or within one year after the act’s effective date (whichever is later), the commitment is void.
The contract must outline the conditions of the project.
The act becomes effective immediately after passage and approval by the Governor, or upon it becoming law.

AI-generated summary using openai/gpt-5-nano on Feb 24, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Economic Development