SB3 Alabama 2015 2nd Special Session

Summary

Primary Sponsor

Steve LivingstonSenator

Republican

Session

Second Special Session 2015

Title

Jackson Co., TVA in lieu of taxes, distribution, use of funds distributed to co. commission for disaster relief authorized, Economic Development Fund created, Sec. 45-36-162 am'd.

Summary

SB3 would reorganize how Jackson County receives and uses TVA in-lieu-of-taxes funds by creating a dedicated Economic Development Fund, outlining specific annual distributions to local government and emergency services, and establishing a Discretionary Fund with a six-member oversight committee.

What This Bill Does

It amends the law to direct 1% of TVA in-lieu-of-taxes payments to the Jackson County Economic Development Fund until the fund reaches $1,000,000, with investment and spending allowed for disaster relief and economic development, including job creation. It designates specific annual transfers to the County Hospital Board for ambulance service, to the Scottsboro-Jackson County Rescue Squad, to the Jackson County Economic Development Authority (including a special industrial development fund), to volunteer fire departments and their association, and to the Greater Jackson County Chamber of Commerce for development and promotion. It also creates a framework for net remaining payments to be distributed among a legislative office fund, the Economic Development Authority, public schools, municipalities, the county general fund, and the Jackson County Discretionary Fund, all subject to annual accounting and oversight by a new Discretionary Committee. The act creates a six-member Jackson County Discretionary Committee to manage the Discretionary Fund, with rules to govern disbursements, and becomes effective after governor approval.

Who It Affects

• Jackson County residents and local governments will benefit from ambulance service, disaster relief, economic development efforts, school funding, and municipal support funded by these allocations.
• County agencies and organizations—including the Jackson County Hospital Board, Jackson County Economic Development Authority, Jackson County Discretionary Committee, Jackson County Association of Volunteer Fire Departments, Scottsboro-Jackson County Rescue Squad, and the Greater Jackson County Chamber of Commerce—are responsible for receiving, administering, and reporting on the funds, and participate in governance changes.

Key Provisions

• Creates the Jackson County Economic Development Fund funded by 1% of TVA in-lieu-of-taxes payments until the fund balance reaches $1,000,000; funds may be invested and used for disaster relief or economic development, including industry recruitment and site-related projects.
• Annual allocations after the initial fund establishment include: $145,000 to the Jackson County Hospital Board for ambulance service; $25,000 to the Scottsboro-Jackson County Rescue Squad for maintenance; $105,000 to the Jackson County Economic Development Authority; an additional $75,000 to the Authority for a special industrial development fund used for recruiting industry and related activities; $5,000 to each volunteer fire department plus $30,000 to the Volunteer Fire Departments association; $25,000 to the Rescue Squad for ongoing maintenance; and $40,000 to the Greater Jackson County Chamber of Commerce in two $20,000 payments.
• Net remaining payments after above appropriations are allocated among: a portion to establish a legislative office, a portion to the Jackson County Economic Development Authority, a portion to public schools on a per-pupil basis, a portion to municipalities on a population basis, a portion to the county general fund, and a portion to the Jackson County Discretionary Fund.
• Creates the Jackson County Discretionary Fund and a six-member Jackson County Discretionary Committee (including the County Commission Chair, a County Commission member, the Revenue Commissioner, and the state senator and two state representatives for the area); the committee oversees disbursement from the Discretionary Fund and adopts rules.
• Requires an annual accounting of fund use to be provided to the Jackson County Discretionary Committee by September 30 each year; failure to provide accounting can lead to reduced or terminated funding for the next fiscal year, with excess funds redirected to the county general fund.
• Effective date provisions indicate the act becomes law after 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

Jackson County