Hearing
House Ways and Means Education Hearing
Room 200 at 09:00:00
HB467 Alabama 2023 Session
Updated Jan 14, 2026
HB467 Alabama 2023 Session
House Bill
Expired
Current Status
Regular Session 2023
Session
1
Sponsor
Summary
- Primary Sponsor
-
Anthony Daniels RepresentativeDemocrat - Session
- Regular Session 2023
- Title
- Relating to the Alabama Rural, Agribusiness, and Opportunity Zone Jobs Act; to amend Sections 40-9H-2 and 40-9H-3, Code of Alabama 1975; to authorize the issuance of state matching capital to certified growth funds to make capital accessible to rural and minority owned businesses.
- Description
The Alabama Rural, Agribusiness, and Opportunity Zone Jobs Act, enacted in 2021, created a procedure for the certification of growth funds by the Alabama Innovation Corporation and authorized the Alabama Innovation Corporation to accept federal funds from the American Rescue Plan Act of 2021 and issue state matching capital to taxpayers who make investor contributions to a certified growth fund to make capital accessible to rural and minority owned businesses.
This bill would authorize the Alabama Innovation Corporation to issue additional state matching capital to certified growth funds, contingent upon a legislative appropriation of additional funds.
- Subjects
- Alabama Rural, Agribusiness, and Opportunity Zone Jobs Act, extend program
Bill Actions
H
Introduced and Referred to House Ways and Means Education
H
Read First Time in House of Origin
Calendar
Bill Text
Documents
Bill Text (Introduced)
HB467 Alabama 2023 Session - Introduced
Fiscal Note
Fiscal Note - As Introduced
Source: Alabama Legislature