AL SB60

Increases the maximum bond authorization for the Alabama Corrections Institution Finance Authority from $785 million to $1,285,000,000 ($1.285 billion) to implement the prison modernization plan under Act 2021-546.

Authorizes Phase 1 projects including construction of a specialized men's prison facility and Escambia men's prison facility, with closure of Staton, Elmore, and Kilby facilities within one year of completion.

Authorizes Phase 2 projects upon 60% completion of Phase 1, including construction of a women's prison facility, renovation of facilities in Jefferson and Limestone Counties, and renovation of a men's facility in Barbour or Bullock County.

Requires the Department of Corrections to evaluate men's prison facilities and assess the Bibb Correctional Facility for potential repurposing prior to Phase 3 implementation.

Mandates the authority adopt a plan to maximize minority business participation in prison construction projects and report quarterly on minority business participation results to state leadership.

Takes effect July 1, 2025.