SB339 Alabama 2021 Session
Bill Summary
This bill would create the Alabama Innovation Corporation as an authority organized as a public corporation having a legal existence separate and apart from the state and any county, municipality, or political subdivision, and would provide for its powers and duties
To add Article 20, commencing with Section 41-10-800, to Chapter 10, Title 41 of the Code of Alabama 1975; to create the Alabama Innovation Corporation; to provide legislative findings; to provide for its incorporation; to provide for the creation of a board; to provide for the powers and duties of the corporation; to allow the corporation to enter into contracts; to create an accompanying fund and provide for the management of the fund; to provide for amendments to the governing documents of the corporation; and to provide for the dissolution of the corporation.
Bill Actions
Action Date | Chamber | Action |
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March 16, 2021 | S | Read for the first time and referred to the Senate committee on Fiscal Responsibility and Economic Development |
Bill Calendar
Type | Date | Location | Description |
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Hearing | April 7, 2021 | at 15:00 | Senate FRED Hearing |
Hearing | March 31, 2021 | Room 825 at 15:00 | Senate FRED Hearing |
Bill Text
Bill Documents
Type | Link |
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Bill Text | SB339 Alabama 2021 Session - Introduced |
Fiscal Note | Fiscal Note - SB339 for Fiscal Responsibility and Economic Development |