HB477 Alabama 2011 Session

Updated Feb 27, 2026

Notable

Summary

Primary Sponsor: Mike Millican
Republican
Co-Sponsors: Rod Scott K.L. Brown Kerry Rich William Roberts Lynn Greer Paul W. Lee April Weaver Barry Moore Ed Henry Wes Long Richard Baughn Becky Nordgren Mac Buttram Donnie Chesteen John Merrill Ken Johnson Mike Jones Alan Boothe Richard J. Laird Lesley Vance Randy Davis Gregory Canfield Jay Love Mike Ball Joe Hubbard Harry Shiver Joe Faust Chad Fincher Alan Baker Jamie Ison Steve Clouse Barry Mask Duwayne Bridges Micky Hammon Greg Wren Blaine Galliher Mark Tuggle
Session: Regular Session 2011
Title: Industrial Development Authority, members, composition altered to include President Pro Tempore of Senate or designee and Speaker of the House or designee, Sec. 41-10-25 am'd.
Summary: HB477 adds the President Pro Tempore of the Senate and the Speaker of the House as members of the State Industrial Development Authority.
What This Bill Does
The bill amends the law to include the Senate President Pro Tempore and the House Speaker (or their designees) as members of the State Industrial Development Authority. It also assigns specific officer roles within the Authority: the Director of the Alabama Development Advisory Board would be president, the Commissioner of Revenue would be vice-president, the Director of Finance would be secretary, and the State Treasurer would be treasurer and custodian of funds responsible for paying bond principal and interest. It keeps existing governance rules such as how members are counted, how meetings are recorded, and how records are kept, with an immediate effective date upon governor approval.

Who It Affects
The President Pro Tempore of the Senate and the Speaker of the House (or their designees) become members of the State Industrial Development Authority, expanding the group of people who govern the Authority.
The Director of the Alabama Development Advisory Board, the Commissioner of Revenue, the Director of Finance, and the State Treasurer will hold defined leadership and fiduciary roles within the Authority (president, vice-president, secretary, and treasurer, respectively) and will oversee the Authority's funds and bond payments.

Key Provisions
Adds the President Pro Tempore of the Senate, or his/her designee, and the Speaker of the House, or his/her designee, as members of the State Industrial Development Authority.
Designates officer roles: the Director of the Alabama Development Advisory Board is the president, the Commissioner of Revenue is the vice-president, the Director of Finance is the secretary, and the State Treasurer is the treasurer and custodian of funds who pays bond principal and interest from the Authority's funds.
States that the Authority's members consist of the Authority's board members, sets quorum at two or three members, and outlines succession if a holder of a named office leaves office.
Prohibits any officer or board member from drawing salary beyond what is authorized by law for the services or duties performed for the Authority.
Requires official proceedings to be written, signed by members, recorded, filed with the Secretary of State, and provides that certified copies are prima facie evidence in court.
Effective date: becomes effective immediately after passage and governor approval.

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