Ala. Code § 41-10-27.2

Current through the 2024 Regular Session.

Section 41-10-27.2 - Appropriation of funds for payment of industrial development site grants

Beginning in the fiscal year ending September 30, 2024, the Legislature shall annually appropriate an amount up to $2,000,000 from the Capital Improvement Trust Fund to the State Industrial Development Authority for the purpose of paying industrial development site grants, site assessment grants, or site development grants. The bond commission established by Section 210.04 of the Constitution of Alabama of 2022, shall consult with the State Industrial Development Authority and recommend to the Legislature the actual amount of the annual appropriation.

Ala. Code § 41-10-27.2 (1975)

Amended by Act 2023-35,§ 2, eff. 4/20/2023.

Act 2006-417, p. 1033, §2; Act 2007-300, p. 546, §2.