SB60 Alabama 2025 Session

Summary

Primary Sponsor

Greg AlbrittonSenator

Republican

Session

2025 Regular Session

Title

Alabama Corrections Institutions Finance Authority, maximum bonding authority increased

Summary

The bill raises the bonding limit for the prison modernization plan to 1.285 billion dollars and sets up a phased construction program with a focus on new facilities, renovations, and increased minority business participation.

What This Bill Does

It allows the Alabama Corrections Institution Finance Authority to issue up to 1.285 billion dollars in bonds to fund a multi-phase prison modernization plan, including Phase 1 and Phase 2 projects and Phase 3 evaluation. It specifies the kinds of projects that can be funded (new or renovated prisons, closures of older facilities, and potential repurposing) and requires issuance in multiple series with costs and debt service covered by the bonds. It also requires a plan to maximize minority business participation, ongoing reporting on participation, and public disclosure of monetary transactions, with the act taking effect on July 1, 2025.

Who It Affects

• The Alabama Department of Corrections and the prison facilities it owns or operates, which will undergo construction, renovation, and closures to implement the modernization plan.
• Minority-owned businesses and other project contractors, which are to be encouraged and trained to participate in the prison facility projects, with quarterly reporting on participation results.

Key Provisions

• Increases total bonds for the prison modernization program to 1,285,000,000 dollars, with phased funding for Phase 1, Phase 2, and Phase 3 projects and related costs.
• Requires a plan to maximize minority business participation in construction, provides training to eligible minority businesses, mandates quarterly reporting to state leaders, and mandates 30-day public reporting after bond sales including details on bonds and fees; effective July 1, 2025.

AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Buildings, Construction & Infrastructure