AL HB215

Transit authorities in Alabama counties with 600,000+ population may participate in business organizations (corporations, partnerships, joint ventures, nonprofits) related to transit operations, land acquisitions, and incidental activities

Authorities may create, establish, acquire, operate, or support for-profit or nonprofit subsidiaries and affiliates

Authorities may make or arrange loans, capital contributions, and other debt/equity financing for these business organizations

Business organizations and subsidiaries in which the authority participates are explicitly prohibited from exercising eminent domain power

Effective date: October 1, 2026