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AL SB289
Bill
Status
2/10/2026
Primary Sponsor
Bobby Singleton
Click for details
AI Summary
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Expands Growing Alabama Act tax credit eligibility to include sites owned jointly by multiple local economic development organizations, provided all parties listed on the deed are eligible applicants
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Requires all co-owners of jointly-held sites to submit a joint application with the Department of Commerce and maintain individual conflict of interest policies
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Establishes joint and several liability for all co-applicants regarding proper use of funds, required reports, and financial reviews
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Effective date: June 1, 2026
Legislative Description
Growing Alabama Act amended to allow sites owned by more than one local economic development organization to qualify
Economic Development
Last Action
Read for the Second Time and placed on the Calendar
3/11/2026