SB325 Alabama 2020 Session

Updated May 4, 2020

Senate Bill

Enacted

Current Status

Regular Session 2020

Session

Sponsor

Summary

Primary Sponsor: Arthur Orr Senator
Republican
Session: Regular Session 2020
Title: Morgan Co., economic development, distrib. of certain payments made in lieu of taxes by the Tennessee Valley Authority, provided further the jurisdiction of the Morgan Co. Industrial Park and Economic Development Cooperative District, Act 2007-339, 2007 Reg. Sess., am'd.
Description: Relating to Morgan County; to amend Section 1 of Act 2007-339, 2007 Regular Session (Acts 2007, p. 595), as amended and reenacted by Act 2009-767, 2009 Regular Session (Acts 2009, p. 2347), and amended by Act 2015-36, 2015 Regular Session (Acts 2015), and Section 12 of Act 2007-339, 2007 Regular Session (Acts 2007, p. 595), as amended and reenacted by Act 2009-767, 2009 Regular Session (Acts 2009, p. 2347), providing for the distribution of certain payments made in lieu of taxes by the Tennessee Valley Authority; to further provide that the jurisdiction of the Morgan County Industrial Park and Economic Development Cooperative District includes the acquisition of land or interests therein, and the acquisition, construction, and installation of buildings, facilities, personal property, and structures, for the purpose of economic development within Morgan County and each municipality therein.
Subjects: Economic Development