Hearing
House Economic Development and Tourism Hearing
Room 429 at 12:30:00
SB313 Alabama 2025 Session
Updated Jan 14, 2026
SB313 Alabama 2025 Session
Senate Bill
Enacted
Current Status
2025 Regular Session
Session
1
Sponsor
Summary
- Primary Sponsor
-
Rodger Smitherman SenatorDemocrat - Session
- 2025 Regular Session
- Title
- Alabama 21st Century Authority, use of available funds further provided for
- 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 21st Century Fund revenues not needed to pay debt service on authority bonds to be used by the State Industrial Development Authority for any of the Alabama Energy Infrastructure Bank's authorized purposes.
This bill would also transfer fifty million dollars ($50,000,000) from the Alabama 21st Century Fund to the Alabama Energy Infrastructure Bank for the fiscal year ending September 30, 2026, to be used for the Strategic Energy Infrastructure Development Fund and other authorized purposes.
This bill would also transfer ten million dollars ($10,000,000) from the Alabama 21st Century Fund to the Alabama Incentives Financing Authority for the fiscal year ending September 30, 2026, to pay for certain project and project costs.
This bill would be effective contingent upon enactment of legislation during the 2025 Regular Session, or special session of the Legislature, SB313 INTRODUCED establishing the Alabama Energy Infrastructure Bank and the Strategic Energy Infrastructure Development Fund.
- Subjects
- Authorities, Boards, & Commissions
Bill Actions
S
Enacted
S
Enacted
H
Signature Requested
S
Delivered to Governor
S
Enrolled
S
Ready to Enroll
S
Orr Concur In and Adopt - Adopted Roll Call 925
H
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 1157
H
Motion to Adopt - Adopted Roll Call 1156 7B5WLV2-1
H
Travis 1st Amendment Offered 7B5WLV2-1
H
Read for the Second Time and placed on the Calendar
H
Reported Out of Committee Second House
H
Pending House Economic Development and Tourism
H
Read for the first time and referred to the House Committee on Economic Development and Tourism
S
Engrossed
S
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 807
S
Smitherman motion to Adopt - Adopted Roll Call 806 2J31FII-1
S
Smitherman 1st Amendment Offered 2J31FII-1
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 Fiscal Responsibility and Economic Development
S
Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development
Calendar
Hearing
Senate Fiscal Responsibility and Economic Development Hearing
Finance and Taxation at 15:00:00
Bill Text
Votes
Motion to Read a Third Time and Pass as Amended - Roll Call 807
Yes
30
Absent
4
Smitherman motion to Adopt - Roll Call 806 2J31FII-1
Yes
30
Absent
4
Third Reading in House of Origin
Yes
30
Absent
4
SBIR: Passed by House of Origin
Yes
30
Absent
4
Motion to Read a Third Time and Pass as Amended - Roll Call 1157
Yes
100
Abstained
2
Absent
1
Motion to Adopt - Roll Call 1156 7B5WLV2-1
Yes
101
No
1
Absent
1
Orr Concur In and Adopt - Roll Call 925
Yes
28
Absent
6
Documents
Bill Text (Enrolled)
SB313 Alabama 2025 Session - Enrolled
Bill Text (Engrossed)
SB313 Alabama 2025 Session - Engrossed
Bill Text (Introduced)
SB313 Alabama 2025 Session - Introduced
Amendment
Senate Smitherman motion to Adopt - Adopted Roll Call 806
Amendment
House Motion to Adopt - Adopted Roll Call 1156
Fiscal Note
Fiscal Note - Introduced
Fiscal Note
Fiscal Note - Passed First Chamber
Source: Alabama Legislature