Senate Finance and Taxation General Fund Hearing
Finance and Taxation at 11:00:00
Under existing law, the Healthy Food Financing Fund provides financing for the construction or expansion of grocery stores in underserved communities that are in low or moderate income areas.
This bill would change the name of the fund to the Healthy Food Fund.
This bill would provide grants for the building, construction, renovation, expansion, or build-out costs of grocery stores or food resource providers in underserved communities that are in low or moderate income areas.
Under existing law, the fund is comprised of federal, state, or private grants or loans, federal tax credits, or other types of financial assistance.
This bill would limit the fund to grants.
Introduced and Referred to Senate Finance and Taxation General Fund
Read First Time in House of Origin
Finance and Taxation at 11:00:00
Finance and Taxation at 11:00:00
Source: Alabama Legislature