Alabama Senate bill in Session 2026RS.
Status: enacted. Latest action: April 16, 2026.
Growing Alabama Act amended to allow sites owned by more than one local economic development organization to qualify.
This act amends Sections 40-18-417.1, 40-18-417.2, and 40-18-417.3, Code of Alabama 1975, to: (1) allow sites owned by one or more local economic development entities to qualify for Growing Alabama tax credits if all parties listed on the deed are eligible applicants; (2) require all eligible co-applicants owning a site to submit a joint application and conflict of interest policy; and (3) require all approved co-applicants to be jointly and severally liable for the disposition of funds and required reporting.
| Date | Event | Detail |
|---|---|---|
| 2026-02-10 | Introduced | Bill introduced |
| 2026-04-16 | Status | enacted |
| 2026-04-16 | Latest Action | Enacted |