SB165 Alabama 2023 Session
Bill Summary
This bill would create the Site Evaluation Economic Development Strategy, a site development grant funding program that encourages the acquisition of new sites to meet speed-to-market demand. Grants would be available for the assessment of sites and for the subsequent development of sites
This bill would require matching funds from local economic development organizations
This bill would also provide that the site development grant funding program would be administered by the State Industrial Development Authority
This bill would create the Alabama Site Development Fund and provide for its management
This bill would exempt the State Industrial Development Authority and economic development organizations from specified state laws
Relating to economic development; to add Article 2D, SB165 INTRODUCED commencing with Section 41-10-47.01, to Chapter 10 of Title 41, Code of Alabama 1975; to authorize the State Industrial Development Authority to make site assessment grants and site development grants to certain companies; to provide for the criteria that must be met for grant approval; to provide for changes to criteria based on economic conditions; to limit the funding that may be received by any site under the grant program; to create the Alabama Site Development Fund and provide for its management; to amend Section 41-10-27.2, Code of Alabama 1975, providing for an annual appropriation to the State Industrial Development Authority, to authorize the appropriation to be expended on the grant program created herein; and to exempt the State Industrial Development Authority and certain economic development organizations from certain state laws.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 19, 2023 | H | Read Second Time in Second House |
| April 19, 2023 | H | Reported Out of Committee in Second House |
| April 19, 2023 | H | Reported Favorably from House Ways and Means Education |
| April 13, 2023 | H | Referred to Committee to House Ways and Means Education |
| April 13, 2023 | S | Read First Time in Second House |
| April 13, 2023 | S | Read A Third Time And Passed As Amended |
| April 13, 2023 | S | Adopt PZFARE-1 |
| April 13, 2023 | S | Adopt Y1AYNN-1 |
| April 13, 2023 | S | On Third Reading in House of Origin |
| April 11, 2023 | S | Read Second Time in House of Origin |
| April 11, 2023 | S | Reported Out of Committee in House of Origin |
| April 11, 2023 | S | Amendment/Substitute by Senate Fiscal Responsibility and Economic Development Y1AYNN-1 |
| April 11, 2023 | S | Reported Favorably from Senate Fiscal Responsibility and Economic Development |
| April 4, 2023 | S | Introduced and Referred to Senate Fiscal Responsibility and Economic Development |
| April 4, 2023 | S | Read First Time in House of Origin |
Bill Calendar
| Type | Date | Location | Description |
|---|---|---|---|
| Hearing | April 19, 2023 | Room 200 at 09:00 | House Ways and Means Education Hearing |
| Hearing | April 11, 2023 | Finance and Taxation at 14:00 | Senate Fiscal Responsibility and Economic Development Hearing |
Bill Text
Bill Votes
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB165 Alabama 2023 Session - Engrossed |
| Bill Text | SB165 Alabama 2023 Session - Introduced |
| Bill Amendments | Senate Fiscal Responsibility and Economic Development AMD/SUB |
| Bill Amendments | Senate Adopt |
| Fiscal Note | Fiscal Note - As Introduced |
| Fiscal Note | Fiscal Note - As Passed First Chamber |
| Fiscal Note | Fiscal Note - As Passed First Chamber Committee |