HB541 Alabama 2021 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2021
Title
Alabama Innovation Corporation; incorporation; legislative findings, implementation of Small Business Innovation Research or Small Business Technology grants, board of directors, powers, contracts, investments, Sec. 41-10-800 to 41-10-810, inclusive, added
Description
This bill would create the Innovate Alabama Matching Grant Program to provide matching grants to entities that have received federal Small Business Innovation Research or Small Business Technology Transfer Research grants, or both
Relating to economic development; to add Article 21, commencing with Section 41-10-820, to Chapter 10, Title 41 of the Code of Alabama 1975, to create the Innovate Alabama Matching Grant Program; to provide matching grants to eligible businesses that have received federal Small Business Innovation Research or Small Business Technology Transfer Research grants, or both.
Subjects
Innovation Corporation
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| March 11, 2021 | H | Read for the first time and referred to the House of Representatives committee on Boards, Agencies and Commissions |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | HB541 Alabama 2021 Session - Introduced |