Hearing
House Ways and Means Education (House) Hearing
Room 200 at 09:00:00
SB315 Alabama 2024 Session
Updated Jan 14, 2026
SB315 Alabama 2024 Session
Senate Bill
Enacted
Current Status
Regular Session 2024
Session
1
Sponsor
Summary
- Primary Sponsor
-
Bobby D. Singleton SenatorDemocrat - Session
- Regular Session 2024
- Title
- Alabama Rural, Agribusiness, and Opportunity Zone Jobs Act; certain state matching capital loans authorized, subject to appropriation
- 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 state matching capital to certified growth funds, contingent upon a legislative appropriation of additional funds.
- Subjects
- Economic Development
Bill Actions
S
Enacted
S
Enacted
S
Delivered to Governor
H
Signature Requested
S
Enrolled
S
Ready to Enroll
H
Motion to Read a Third Time and Pass - Adopted Roll Call 1125
H
Third Reading in Second House
H
Read for the Second Time and placed on the Calendar
H
Reported Out of Committee Second House
H
Re-referred to Committee in Second House to House Ways and Means Education
H
Pending House Ways and Means General Fund
H
Read for the first time and referred to the House Committee on Ways and Means General Fund
S
Motion to Read a Third Time and Pass - Adopted Roll Call 682
S
Third Reading in House of Origin
S
Read for the Second Time and placed on the Calendar
S
Reported Out of Committee House of Origin
S
Pending Senate Finance and Taxation General Fund
S
Read for the first time and referred to the Senate Committee on Finance and Taxation General Fund
Calendar
Hearing
Senate Finance and Taxation General Fund (Senate) Hearing
Finance and Taxation at 11:00:00
Bill Text
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Votes
Motion to Read a Third Time and Pass - Roll Call 682
Yes
34
Absent
1
Third Reading in House of Origin
Yes
34
Absent
1
Motion to Read a Third Time and Pass - Roll Call 1125
Yes
101
Absent
2
Third Reading in Second House
Yes
103
Documents
Bill Text (Enrolled)
SB315 Alabama 2024 Session - Enrolled
Bill Text (Introduced)
SB315 Alabama 2024 Session - Introduced
Fiscal Note
Fiscal Note - As Introduced
Fiscal Note
Fiscal Note - As Passed First Chamber
Source: Alabama Legislature