HB455 Alabama 2013 Session

Summary

Primary Sponsor

Randy Davis

Republican

Co-Sponsors

Harry ShiverMike BallJoe FaustPhil WilliamsAlan BakerSteve McMillanThomas JacksonJim McClendonJohn MerrillAlan BootheMicky HammonMike JonesBarry Mask

Session

Regular Session 2013

Title

Economic development, tax increment district, 21st Century Manufacturing Zone, authority to form extended to counties, Secs. 11-99-1, 11-99-2 am'd.; Act 2013-51, 2013 Reg. Sess., am'd.

Summary

HB455 expands county authority to designate large tracts as Major 21st Century Manufacturing Zones and clarifies qualification criteria and effective dates for related tax increment financing under Act 2013-51.

What This Bill Does

It extends the power to designate qualifying large tracts of underutilized property as Major 21st Century Manufacturing Zones to county governing bodies. It sets criteria for these zones (at least 250 contiguous acres, suitable for specified manufacturing sectors, with at least $100 million in anticipated capital expenditure) and updates related tax increment financing definitions and rules. It also clarifies when Act 2013-51 applies to districts created around or after April 1, 2013, and makes the act effective immediately after passage. Section 3 repeals conflicting laws, and Section 4 establishes the immediate effectiveness date.

Who It Affects

• Counties and municipalities, which gain authority to designate Major 21st Century Manufacturing Zones and implement related project plans and financing.
• Taxing authorities (municipalities, counties, and other taxing authorities) that collect ad valorem taxes within the districts, as tax increment mechanisms and base calculations are defined and used.
• Developers and private entities seeking to establish or expand manufacturing facilities within designated zones, given the capital expenditure and site criteria.
• Local residents and property owners in or near designated zones, who may experience redevelopment, job opportunities, and changes in public investment funded by tax increments.

Key Provisions

• Amends Sections 11-99-1 and 11-99-2 to allow counties to designate qualifying large contiguous tracts as Major 21st Century Manufacturing Zones.
• Defines Major 21st Century Manufacturing Zone as an area of at least 250 contiguous acres, suitable for specified automotive, aviation, medical, pharmaceutical, semiconductor, computer, electronics, energy conservation, cyber technology, or biomedical facilities, with anticipated capital expenditure of at least $100 million.
• Adds and updates numerous financial and administrative definitions (e.g., Project, Project Costs, Tax Increment District, Tax Increment Base, Enhanced Use Lease Area) to govern tax increment financing within these zones.
• Amends Section 7 of Act 2013-51 to clarify effective date provisions and apply the act to certain districts created after April 1, 2013 if at least 50% by area is a Major 21st Century Manufacturing Zone.
• Requires the act to become effective immediately after the Governor signs it and repeals conflicting laws.

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