This bill would provide for the Neighborhood Infrastructure Incentive Plan Act of 2011, to authorize the creation of Neighborhood Infrastructure Authorities to manage and coordinate financing through member assessments for neighborhood infrastructure projects. The bill would allow homeowners and businesses to voluntarily create revitalization authorities for revitalization projects in their respective neighborhoods. The bill would provide for an annual income tax credit over a period of 10 years for contributions made by members of an authority for the process of completing a neighborhood infrastructure project.
Delivered to Governor at 11:45 p.m. on June 9, 2011
County and Municipal Government first Amendment Offered
Assigned Act No. 2011-689.
Signature Requested
Enrolled
Concurred in Second House Amendment
Pittman motion to Concur In and Adopt adopted Roll Call 1070
Concurrence Requested
Motion to Read a Third Time and Pass adopted Roll Call 1162
Motion to Adopt adopted Roll Call 1161
McMillan Amendment Offered
Motion to Adopt adopted Roll Call 1160
County and Municipal Government Amendment Offered
Motion to Adopt adopted Roll Call 1159
County and Municipal Government first Substitute Offered
Third Reading Passed
Read for the second time and placed on the calendar with 1 substitute and 1 amendment
Read for the first time and referred to the House of Representatives committee on County and Municipal Government
Engrossed
Motion to Read a Third Time and Pass adopted Roll Call 154
Motion to Adopt adopted Roll Call 153
Pittman first Substitute Offered
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Small Business
Source: Alabama Legislature