Alabama 2023 2023 Regular Session

Alabama Senate Bill SB286 Enrolled / Bill

Filed 05/24/2023

                    SB286ENROLLED
Page 0
AY1U77-2
By Senator Beasley (N & P)
RFD: Local Legislation 
First Read: 03-May-23
2023 Regular Session
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Enrolled, An Act,
Relating to Macon County; to amend Section 45-44-90 of
the Code of Alabama 1975, establishing the Macon County
Economic Development Authority, to further provide for the
operation of the authority; and to authorize the formation of
a successor authority under certain conditions.
BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:
Section 1. Section 45-44-90 of the Code of Alabama
1975, is amended to read as follows:
"ยง45-44-90
(a) In Macon County, there is created the Macon County
Economic Development Authority to aid and assist current
industries and coordinate efforts of all municipal and county
agencies of Macon County, and to aid organizations in the
development of new industries which will provide job
opportunities for the citizens of the county. 
(b) The authority created pursuant to Section (a) may
incorporate or reincorporate as an authority pursuant to
Chapter 92A of Title 11. The members of the board of directors
of the newly incorporated or reincorporated authority shall be
the same as the board members provided for in Section
45-44-90.01, as amended.
(c) Any funds distributed or otherwise available to the
Macon County Economic Development Authority pursuant to this
article or pursuant to Section 45-44-242.12, or otherwise, may
be expended or pledged by the authority, or any successor
authority, by whatever name known, for the purposes of
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economic development in Macon County, including for the
purpose of securing and the repayment of loans for economic
development purposes. Any power, privilege, duty, or exemption
granted to any newly incorporated authority or any successor
authority shall not be construed as being inconsistent with,
replace, negate, or otherwise limit any purpose, power, or
source of funds granted to the Macon County Economic
Development Authority. "  
Section 2. This act shall become effective immediately
following its passage and approval by the Governor, or its
otherwise becoming law.
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________________________________________________
President and Presiding Officer of the Senate
________________________________________________
Speaker of the House of Representatives
SB286
Senate 16-May-23
I hereby certify that the within Act originated in and passed
the Senate.
Patrick Harris,
Secretary.
House of Representatives
Amended and passed: 23-May-23
Senate concurred in House amendment 23-May-23
By: Senator Beasley
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