HB490 broadens Escambia County's Industrial Development Authority by adding non-voting ex officio members and allows unspent state oil and gas tax proceeds allocated to the Authority to carry over each year.
The bill expands the Authority’s membership to include non-voting ex officio members who can be appointed by participating entities that contribute at least $10,000 annually. It outlines the 11-member structure: five members appointed by the Escambia County Commission, six members appointed by the county's municipalities (Brewton, Atmore, Flomaton, and East Brewton), with terms of four years for the county appointees and three years for the municipal appointees; vacancies follow the same appointment process and appointees serve until successors are named. It also authorizes the County Commission to create non-resident, non-elector ex officio members funded by participating entities. Additionally, it changes funding rules so that a portion of net state oil and gas tax funds, up to $100,000 or one-tenth of the net funds (whichever is less), must be appropriated to the Authority, with the county able to deposit these funds directly into the Authority’s account; unspent funds can be carried over year to year. These funds can be used for services from municipalities, and funds not expended may be redirected to the county general fund at the county’s request.
Delivered to Governor at 2:43 p.m. on May 9, 2020.
Assigned Act No. 2020-188.
Signature Requested
Enrolled
Passed Second House
Motion to Read a Third Time and Pass adopted Roll Call 663
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the Senate committee on Local Legislation
Motion to Read a Third Time and Pass adopted Roll Call 412
Third Reading Passed
Read for the second time and placed on the calendar
Read for the first time and referred to the House of Representatives committee on Local Legislation
Source: Alabama Legislature