HB449 Alabama 2023 Session

Updated Feb 26, 2026

Notable

Summary

Primary Sponsor: Pebblin W. WarrenRepresentative
Democrat
Session: Regular Session 2023
Title: Relating to Macon County; to amend Section 45-44-90 of the Code of Alabama 1975, establishing the Macon County Economic Development Authority, to further provide for the operation of the authority; and to authorize the formation of a successor authority under certain conditions.
Summary: HB449 updates Macon County law to establish and empower the Macon County Economic Development Authority and allows for a successor authority to be formed under certain conditions.
What This Bill Does
It creates the Macon County Economic Development Authority to aid existing industries, coordinate local agencies, and promote new industries that create jobs. It allows the authority to incorporate or reincorporate as a Chapter 92A, Title 11 authority, with the same board members as the current board unless the new articles say otherwise. It authorizes the authority or its successor to use funds for economic development, including securing and repaying loans. It states that any new or successor authority’s powers won’t contradict or limit the Macon County EDA’s existing purposes, and the act becomes effective immediately after passage and the governor’s approval.

Who It Affects
Macon County residents and workers, who may benefit from job opportunities created by county economic development efforts.
Macon County municipalities and county agencies, which will coordinate economic development efforts through the authority.
Local businesses and lenders, which may access loans or financing secured by the authority for development projects.
The Macon County Economic Development Authority and any successor authority, which would govern their structure, funding, and authority powers.

Key Provisions
Establishment of the Macon County Economic Development Authority to aid industries, coordinate local agencies, and develop new industries for jobs.
Authority may incorporate or reincorporate as a Chapter 92A, Title 11 entity, with board members aligned to Section 45-44-90.01 unless articles change.
Funds distributed or available to the Macon County EDA or its successor may be expended or pledged for economic development, including securing and repaying loans.
Powers granted to any newly incorporated or successor authority will not be inconsistent with or limit the Macon County EDA’s purposes or funding sources.
Effective date: the act becomes effective immediately after passage and governor's approval.

AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.
Subjects: Macon County, Economic Development Authority, operation, reincorporation