SB77 Alabama 2011 Session
Bill Summary
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
To provide that if the state makes a commitment to a company to provide economic development funds, the state and the company must enter into a written, mutually acceptable contract within a certain time for the commitment to be valid.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 28, 2011 | Assigned Act No. 2011-216. | |
| April 28, 2011 | Delivered to Governor at 10:15 a.m. on April 28, 2011 | |
| April 28, 2011 | Enrolled | |
| April 28, 2011 | Signature Requested | |
| April 27, 2011 | Passed Second House | |
| April 27, 2011 | Motion to Read a Third Time and Pass adopted Roll Call 528 | |
| April 27, 2011 | Third Reading Passed | |
| April 6, 2011 | Read for the second time and placed on the calendar | |
| March 24, 2011 | Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism | |
| March 24, 2011 | Motion to Read a Third Time and Pass adopted Roll Call 106 | |
| March 24, 2011 | Third Reading Passed | |
| March 8, 2011 | Read for the second time and placed on the calendar | |
| March 1, 2011 | Read for the first time and referred to the Senate committee on Job Creation and Economic Development |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB77 Alabama 2011 Session - Enrolled |
| Bill Text | SB77 Alabama 2011 Session - Introduced |