SB410 Alabama 2019 Session
Crossed Over
Bill Summary
Sponsors
Session
Regular Session 2019
Title
Military bases, counties and municipalities, formation of redevelopment authorities to finance projects contiguous to operating or closed bases, eminent domain powers
Description
<p class="bill_description"> This bill would authorize a municipality or
county to establish a local redevelopment authority
for economic development, redevelopment, and
rehabilitation for property that is contiguous to
an operational or nonoperational military
installation located within this state. The bill
would authorize the authority to issue bonds for
projects for the purposes of the authority</p><p class="bill_entitled_an_act"> To authorize the incorporation in any municipality
or county in this state of a local redevelopment authority for
the purpose of promoting trade and commerce by inducing
commercial enterprise to upgrade, improve, modernize, and
expand existing facilities and to locate new facilities on
land contiguous with an operational or non operational United
States military installation within the corporate limits of
the municipality, or geographical boundaries of the county; to
provide for the formation, governance, power, and duties of
the authority; to provide for the issuance by the authority of
interest-bearing revenue bonds and other interest-bearing
securities, payable solely out of the revenues and receipts
derived from the leasing or sale of properties owned by the
authority; to provide that the securities may be secured by a
pledge of the revenues and receipts from which they are
payable; to authorize the authority to finance, construct,
acquire, purchase, renovate, maintain, improve, sell, equip,
operate, or manage projects; to authorize the authority to
receive the proceeds of municipal taxes levied for the
authority’s purposes; to make the securities issued by the
authority eligible investments for various governmental bodies
and fiduciaries; to provide procedures for the issuance of
bonds by the authority; to exempt the income of any authority,
and all conveyances, leases, mortgages, and deeds of trust to
which the authority is a party, from all taxation in the
state; to exempt the authority from all license and excise
taxes and all charges of judges of probate; to exempt the
authority from all laws of the state governing usury or
prescribing or limiting interest rates; to give the authority
the power of eminent domain; and to authorize political
subdivisions, agencies, instrumentalities, and public
corporations of the state to aid the authority with loans or
grants of money, the furnishing of services, or the transfer
of property to the authority without any public election.
</p>
Subjects
Counties
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| May 30, 2019 | S | Fiscal Responsibility and Economic Development second Amendment Offered |
| May 30, 2019 | H | Fiscal Responsibility first Amendment Offered |
| May 30, 2019 | H | Further Consideration |
| May 30, 2019 | H | Sells motion to Carry Over to Call of Chair adopted Voice Vote |
| May 30, 2019 | H | Fiscal Responsibility Amendment Offered |
| May 30, 2019 | H | Third Reading Carried Over |
| May 28, 2019 | H | Read for the second time and placed on the calendar 1 amendment |
| May 23, 2019 | H | Read for the first time and referred to the House of Representatives committee on Fiscal Responsibility |
| May 23, 2019 | S | Engrossed |
| May 23, 2019 | S | Motion to Read a Third Time and Pass adopted Roll Call 1144 |
| May 23, 2019 | S | Butler motion to Adopt adopted Roll Call 1143 |
| May 23, 2019 | S | Butler Amendment Offered |
| May 23, 2019 | S | Butler motion to Adopt adopted Roll Call 1142 |
| May 23, 2019 | S | Fiscal Responsibility and Economic Development Amendment Offered |
| May 23, 2019 | S | Butler motion to Adopt adopted Roll Call 1141 |
| May 23, 2019 | S | Fiscal Responsibility and Economic Development Amendment Offered |
| May 23, 2019 | S | Third Reading Passed |
| May 23, 2019 | S | Singleton motion to Carry Over to the Call of the Chair adopted Voice Vote |
| May 23, 2019 | S | Fiscal Responsibility and Economic Development Amendment Offered |
| May 23, 2019 | S | Third Reading Carried Over to Call of the Chair |
| May 22, 2019 | S | Read for the second time and placed on the calendar 2 amendments |
| May 14, 2019 | S | Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | May 28, 2019 | Room 418 - REVISED at 11:00 | House FR Hearing |
| Hearing | May 22, 2019 | Room 825 at 09:30 | Senate FRED Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB410 Alabama 2019 Session - Introduced |
| Bill Text | SB410 Alabama 2019 Session - Engrossed |
| Bill Amendments | Senate Fiscal Responsibility and Economic Development second Amendment Offered |
| Bill Amendments | Senate Fiscal Responsibility and Economic Development first Amendment Offered |
| Bill Amendments | Senate Butler Amendment Offered |
| Bill Amendments | House Fiscal Responsibility first Amendment Offered |