SB166 Alabama 2023 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2023
Title
Relating to municipalities; to add a new Article 3, commencing with Section 11-54B-80 to Title 11, Chapter 54B, Code of Alabama 1975, to provide that Class 3 municipalities may establish self-help business improvement districts.
Description
<p class="bill_description">
Existing law provides for the creation of
self-help business improvement districts in Class 1 and
Class 2 municipalities in areas that have been
adversely affected by urban development. The purpose of
these districts is to promote economic development in
Class 1 municipalities, and to promote either economic
development or tourism in Class 2 municipalities</p><p class="bill_description"> Self-help business improvement districts are
administered by a nonprofit management corporation
under the oversight of the municipality, and provide
supplemental business services within the district that
are funded by assessments levied against certain
property owners or businesses</p><p class="bill_description"> This bill would allow Class 3 municipalities to
create self-help business improvement districts to
promote either economic development or increase
tourism</p><p class="bill_entitled_an_act"> Relating to municipalities; to add a new Article 3,
SB166 INTRODUCED
commencing with Section 11-54B-80 to Title 11, Chapter 54B,
Code of Alabama 1975, to provide that Class 3 municipalities
may establish self-help business improvement districts.
</p>
Subjects
Economic Development and Tourism, provide Business Improvement Districts for Class 3 Municipalities.
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| 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 Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB166 Alabama 2023 Session - Introduced |