Alabama House bill in Session 2026RS.
Status: enacted. Latest action: April 9, 2026.
Class 2 municipalities; industrial development boards, powers amended.
This act grants industrial development boards within Class 2 municipalities, regarding development projects: (1) any powers conferred to boards by the Industrial Development Board Act; (2) the authority to finance, construct, administer, modify, and sell development projects; and (3) the authority to pay costs of development projects from bond proceeds or from loaning such proceeds.
| Date | Event | Detail |
|---|---|---|
| 2026-02-25 | Introduced | Bill introduced |
| 2026-04-09 | Status | enacted |
| 2026-04-09 | Latest Action | Enacted |