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AL SB60

Bill

Status

Passed

5/20/2024

Primary Sponsor

Arthur Orr

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Origin

Senate

Regular Session 2024

AI Summary

  • Authorizes the Alabama Department of Economic and Community Affairs to facilitate development, improvement, maintenance, and construction of inland ports and intermodal transfer facilities across the state.

  • Creates the Inland Ports and Intermodal Development Fund to receive annual appropriations of $2,000,000 from the State General Fund, effective fiscal years 2026-2028 (renewable by legislative action).

  • Establishes competitive grant program for publicly-owned inland port and intermodal facility projects with local minimum participation of 20 percent of project costs and priority given to projects reducing highway congestion and increasing port tonnage.

  • Limits eligible fund uses to capital improvements, dredging near existing ports, infrastructure rehabilitation, intermodal development, and planning assessments; excludes routine maintenance, new port construction without feasibility studies, and administrative expenses.

  • Caps department administration of grant program at $5,000,000 in any single fiscal year; unexpended funds carry forward but must revert to State General Fund after three years.

Legislative Description

Ports, inland facilities; create inland port and intermodal grant fund in ADECA.

Transportation

Last Action

Enacted

5/20/2024

Committee Referrals

Ways and Means General Fund4/23/2024
Finance and Taxation General Fund2/6/2024

Full Bill Text

No bill text available