HB317 Alabama 2018 Session

Summary

Primary Sponsor

Ken Johnson

Republican

Session

Regular Session 2018

Title

Economic Development, notification and confidentiality provisions revised for certain economic incentives, State Industrial Development Authority, bonds for industrial development and site preparation, auth., definition of lobbying under Ethics Act not to include economic development professionals under certain conditions, expiration date, Alabama Jobs Enhancement Act, Secs. 41-29-501 to 41-29-507, inclusive, added; Sec. 41-29-3 am'd.

Description

This bill would revise notification and confidentiality provisions governing certain economic incentives provided for by law and would clarify what incentives are subject to the notification requirements.

This bill would also provide that certain activity relating to the award of certain economic incentives would not constitute lobbying.

This bill would also codify Act 91-635, 1991 Regular Session, as amended by Act 97-645, 1997 Regular Session, with certain revisions, authorizing the State Industrial Development Authority to sell and issue bonds for the financing of industrial development and site preparations and for other industrial development purposes.

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Subjects

Economic Development