SB314 Alabama 2021 Session

Summary

Primary Sponsor

Tim MelsonSenator

Republican

Session

Regular Session 2021

Title

Economic development authorities, authority distributing funds from economic developnment fund established by local law may match funds for creation of workforce training and development center, under certain conditions

Summary

SB314 would let an Alabama economic development authority match up to $5 million from its local economic development fund to build a workforce training and development center on county-owned property.

What This Bill Does

The bill authorizes an economic development authority to expend from its locally established economic development fund an equal funding match of up to $5,000,000 for constructing a workforce training and development center. The center must be on land owned by the county commission in the county where the authority operates. This authority to spend is provided notwithstanding other laws, and the act takes effect immediately after the Governor signs it into law.

Who It Affects

• Economic development authorities that distribute money from a locally created economic development fund, who would be allowed to provide the $5 million matching investment.
• County commissions (county governments) in counties where the authority operates, since the training center would be built on land they own.
• Local workers and residents who would benefit from a new workforce training and development center.

Key Provisions

• Section 1: An economic development authority distributing funds from a locally established economic development fund may expend an equal match of up to $5,000,000 for the construction of a workforce training and development center on property owned by the county commission of the county in which the authority operates, notwithstanding any other law.
• Section 2: The act becomes effective immediately following passage and approval by the Governor, or otherwise becoming law.

AI-generated summary using openai/gpt-5-nano on Feb 23, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Economic Development