Alabama 2024 Regular Session

Alabama Senate Bill SB204

Introduced
3/6/24  
Introduced
3/6/24  
Report Pass
3/19/24  
Refer
3/6/24  
Engrossed
4/9/24  
Report Pass
3/19/24  
Engrossed
4/9/24  
Report Pass
4/17/24  
Refer
4/9/24  

Caption

Domestic and Foreign Corporations; annual report requirement removed

Impact

The bill is anticipated to significantly shift the regulatory landscape for construction within the state, imposing new layers of oversight on developers. This change comes amid ongoing concerns about water shortages and environmental degradation related to unchecked construction activities. If enacted, SB204 will impose stricter penalties for non-compliance, thereby amplifying the state's commitment to environmental protection. This would also require local governments to enforce these new standards, potentially altering the operational dynamics between state and local authorities.

Summary

SB204 aims to revise existing framework for environmental regulations concerning construction projects. The bill establishes stricter compliance standards for construction companies, especially regarding water conservation and waste management. Proponents of the bill argue that tightening these regulations is necessary to protect the state’s natural resources and ensure that construction practices meet contemporary environmental standards. This entire initiative is positioned within the broader framework of sustainable development in the state, balancing economic growth with environmental stewardship.

Sentiment

Overall, discussions surrounding SB204 have evoked a mixed response. Environmental advocacy groups have largely endorsed the bill, viewing it as a long-overdue step toward accountability and sustainability in the construction industry. However, some industry stakeholders have expressed concern about the potential economic ramifications, arguing that heightened regulations could lead to increased costs and delays in project approvals. Thus, sentiment remains polarized, with clear divides between environmental protection advocates and certain business interests.

Contention

Notable points of contention include concerns about the bill's impact on small construction firms and the feasibility of implementing the proposed regulations. Critics argue that the extra regulatory burden may disproportionately affect smaller companies, potentially driving them out of business. There have also been debates about the adequacy of the provisions intended to safeguard local governments and ensure that they possess the requisite resources to manage new compliance responsibilities effectively. As such, the dialogue surrounding SB204 reflects broader themes of sustainable development and economic pragmatism in the face of environmental challenges.

Companion Bills

AL HB230

Same As Domestic and Foreign Corporations; annual report requirement removed

Similar Bills

AL HB230

Domestic and Foreign Corporations; annual report requirement removed

AL SB112

Alabama Business and Nonprofit Entities Code; amended to delete references to Alabama Nonprofit Corporation Law, clarify and streamline certain provisions in accordance with changes in Delaware law and the Model Business Corporation Act

AL HB228

Alabama Business and Nonprofit Entities Code; amended to delete references to Alabama Nonprofit Corporation Law, clarify and streamline certain provisions in accordance with changes in Delaware law and the Model Business Corporation Act

AL SB245

Relating to the Alabama Business and Nonprofit Entity Code; to add Chapter 3A to Title 10A, Code of Alabama 1975, by revising the Alabama Nonprofit Corporation Law to reflect the national standards set by the Model Nonprofit Corporation Act of 2021 and the Delaware General Corporation Law; and to make conforming changes throughout the Alabama Business and Nonprofit Entity Code in order to effectuate the changes to the Alabama Nonprofit Corporation Law and conform with the other entities governed by the Alabama Business and Nonprofit Entity Code by amending Sections 10A-1-1.03, 10A-1-1.08, 10A-1-3.32, 10A-1-8.01, 10A-1-8.02, 10A-1-9.01, 10A-2A-1.40, 10A-2A-1.43, 10A-2A-1.51, 10A-2A-2.02, 10A-2A-2.06, 10A-2A-7.04, 10A-2A-7.20, 10A-2A-7.32, 10A-2A-8.10, 10A-2A-8.21, 10A-2A-8.22, 10A-2A-8.24, 10A-2A-10.06, 10A-2A-10.07, 10A-2A-10.08, 10A-2A-11.02, 10A-2A-11.06, 10A-2A-12.02, and 10A-2A-14.13, Code of Alabama 1975; adding Sections 10A-2A-10.00 and 10A-2A-10.10 to the Code of Alabama 1975; and amending Sections 10A-5A-2.03, 10A-5A-10.07, 10A-8A-9.08, 10A-9A-2.02, and 10A-9A-10.08, Code of Alabama 1975.

AL HB267

Relating to the Alabama Business and Nonprofit Entity Code; to add Chapter 3A to Title 10A, Code of Alabama 1975, by revising the Alabama Nonprofit Corporation Law to reflect the national standards set by the Model Nonprofit Corporation Act of 2021 and the Delaware General Corporation Law; and to make conforming changes throughout the Alabama Business and Nonprofit Entity Code in order to effectuate the changes to the Alabama Nonprofit Corporation Law and conform with the other entities governed by the Alabama Business and Nonprofit Entity Code by amending Sections 10A-1-1.03, 10A-1-1.08, 10A-1-3.32, 10A-1-8.01, 10A-1-8.02, 10A-1-9.01, 10A-2A-1.40, 10A-2A-1.43, 10A-2A-1.51, 10A-2A-2.02, 10A-2A-2.06, 10A-2A-7.04, 10A-2A-7.20, 10A-2A-7.32, 10A-2A-8.10, 10A-2A-8.21, 10A-2A-8.22, 10A-2A-8.24, 10A-2A-10.06, 10A-2A-10.07, 10A-2A-10.08, 10A-2A-11.02, 10A-2A-11.06, 10A-2A-12.02, and 10A-2A-14.13, Code of Alabama 1975; adding Sections 10A-2A-10.00 and 10A-2A-10.10 to the Code of Alabama 1975; and amending Sections 10A-5A-2.03, 10A-5A-10.07, 10A-8A-9.08, 10A-9A-2.02, and 10A-9A-10.08, Code of Alabama 1975.

KS SB244

House Substitute for SB 244 by Committee on Judiciary - Updating the Kansas general corporation code, the business entity transactions act, the business entity standard treatment act, the Kansas revised uniform limited partnership act and the Kansas uniform partnership act.

KS HB2455

Updating the Kansas general corporation code, the business entity transactions act, the business entity standard treatment act, the Kansas revised uniform limited partnership act and the Kansas uniform partnership act.

NV AB239

Revises provisions relating to business entities. (BDR 7-669)