SB112 Alabama 2019 Session

Updated Apr 26, 2021

Senate Bill

Enacted

Current Status

Regular Session 2019

Session

Sponsor

Summary

Primary Sponsor: Vivian Davis Figures Senator
Democrat
Session: Regular Session 2019
Title: Class 2 municipalities, business improvement districts, levy on class of businesses for promotion of tourism, including for room levy, procedures for establishment, expansion or reduction of other business improvement districts, Secs. 11-54B-40, 11-54B-41, 11-54B-43 to 11-54B-50, inclusive, 11-54B-57, 11-54B-58 am'd.
Description: Under existing law, a Class 2 municipality may provide for the establishment of self-help business improvement districts authorized to levy assessments to promote economic growth in the districts.
The bill would provide procedures for any Class 2 municipality to establish additional self-help business improvement districts for the purpose of promoting tourism, including the creation of nonprofit district management corporations to manage the districts. The bill would authorize districts to levy a special assessment on particular classes of businesses located within the district for the purpose of promoting tourism for the benefit of businesses in the district. The bill would provide for the dissolution of a district and withdrawal of a nonprofit corporation's designation as a district management corporation.
The bill would also provide procedures for certain self-help business improvement districts to expand or reduce the territory in the district under certain conditions.
Subjects: Class 2 Municipalities