SB473 Alabama 2015 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2015
Title
Class 2 municipalities (Mobile), redevelopment authorities, establishment for financing redevelopment projects under certain conditions, issuance of bonds, tax exempt status, Secs. 11-54C-1 to 11-54C-25, inclusive, added
Description
This bill would apply only to Class municipalities and would authorize the establishment of Redevelopment Authorities in the municipalities to finance projects in development areas to revitalize and redevelop blighted or economically distressed areas of the municipalities
Relating to Class 2 municipalities; to authorize the establishment of Redevelopment Authorities in the municipalities to finance projects in development areas to revitalize and redevelop blighted or economically distressed areas of the municipalities.
Subjects
Class 2 Municipalities
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 12, 2015 | S | Read for the first time and referred to the Senate committee on Local Legislation, Mobile County |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | May 14, 2015 | Room 721 at 19:00 | Senate LLMO Hearing |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB473 Alabama 2015 Session - Introduced |