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Alabama · Through Act 2026-611

Ala. Code § 41-10-44.5: Legislative Oversight of the Authority.

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Where this section sits in the code
  1. Title 41 State Government.
  2. Chapter 10 Authorities.
  3. Article 2A Additional Powers of State Industrial Development Authority.

The criteria promulgated by the authority for the selection of approved companies shall be subject to prior approval by the Legislative Council. The Legislative Council shall approve or disapprove the general criteria proposed by the authority within 30 days after the submission of said criteria to the Legislative Council. The authority shall report quarterly to the Legislative Council on each project approved pursuant to such criteria, the amount of the financing provided to each approved company, the projected value of the tax incentives granted to each approved company and any other specific information requested by the Legislative Council.

Collected 2026-09-03T14:01:51Z. Source file · JSON

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