Hearing
Senate Finance and Taxation General Fund Hearing
Finance and Taxation at 11:00:00
HB526 Alabama 2025 Session
Updated Jan 14, 2026
HB526 Alabama 2025 Session
House Bill
In Second Chamber
Current Status
2025 Regular Session
Session
1
Sponsor
Summary
- Primary Sponsor
-
Chip Brown RepresentativeRepublican - Session
- 2025 Regular Session
- Title
- Alabama 21st Century Fund, further distribution of funds, one-time appropriation to the Department of Commerce
- Description
Under existing law, the Alabama 21st Century Authority may issue bonds for economic development and industrial recruitment purposes, secured by tobacco settlement revenues received by the State of Alabama and deposited into the Alabama 21st Century Fund.
This bill would allow the Alabama 21st Century Fund revenues to be used to pay other project costs and debt service on bonds issued by the State Industrial Development Authority. This bill would also transfer five million dollars ($5,000,000) from the Alabama 21st Century Fund to the Alabama Department of Commerce to further expand economic development by establishing international offices and increasing rural development strategy.
- Subjects
- Economic Development
Bill Actions
S
Read for the Second Time and placed on the Calendar
S
Reported Out of Committee Second House
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
H
Engrossed
H
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 835
H
Motion to Adopt - Adopted Roll Call 834 G3BRY62-1
H
Ways and Means General Fund Engrossed Substitute Offered G3BRY62-1
H
Third Reading in House of Origin
H
Read for the Second Time and placed on the Calendar
H
Reported Out of Committee House of Origin from House Ways and Means General Fund G3BRY62-1
H
Ways and Means General Fund 1st Amendment QNHE214-1
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
Calendar
Hearing
House Ways and Means General Fund Hearing
Room 617 at 13:30:00
Bill Text
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Votes
Motion to Read a Third Time and Pass as Amended - Roll Call 835
Yes
96
Abstained
3
Absent
5
Motion to Adopt - Roll Call 834 G3BRY62-1
Yes
99
Abstained
3
Absent
2
Third Reading in House of Origin
Yes
95
Abstained
4
Absent
5
HBIR: Passed by House of Origin
Yes
95
Abstained
4
Absent
5
Documents
Bill Text (Engrossed)
HB526 Alabama 2025 Session - Engrossed
Bill Text (Introduced)
HB526 Alabama 2025 Session - Introduced
Amendment
House Ways and Means General Fund Reported Out of Committee House of Origin
Amendment
House Ways and Means General Fund Ways and Means General Fund 1st Amendment
Fiscal Note
Fiscal Note - Reported by First Chamber Committee
Fiscal Note
Fiscal Note - Introduced
Fiscal Note
Fiscal Note - Passed First Chamber
Source: Alabama Legislature