Alabama 2022 2022 Regular Session

Alabama Senate Bill SB75 Introduced / Fiscal Note

                    Committee: State Government Sponsor: Hatcher
Analyst: John Friedenreich Date: 03/07/2022

FISCAL NOTE

Senate Bill 186 as passed the Senate could increase the obligations of the Alabama Port Authority by an undetermined amount to allow the Authority to purchase, construct, and operate inland property and facilities, including intermodal and multi-modal facilities. These obligations could be offset by increased fees assessed from the use of any new facilities.

Further, this bill would allow the Authority to issue bonds for the purchase, construction, or improvement of such inland facilities.

 Chris Pringle, Chair State Government