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SB 289

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.

Bill ID AL-2026RS-SB-289
Session 2026RS
Status enacted
Committee Economic Development and Tourism (House); Finance and Taxation Education (Senate)
Senate enacted 2026-04-16
Summary

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.

Sponsor
Bobby D. Singleton
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-02-10 Introduced Bill introduced
2026-04-16 Status enacted
2026-04-16 Latest Action Enacted
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