Alabama 2024 Regular Session

Alabama Senate Bill SB330 Compare Versions

Only one version of the bill is available at this time.

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1	1	SB330INTRODUCED
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3	3	SB330
4	4	FXV455C-1
5	5	By Senators Orr, Allen, Roberts
6	6	RFD: Transportation and Energy
7	7	First Read: 18-Apr-24
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12	12	5 FXV455C-1 04/11/2024 JRF (F)JRF 2024-1408
13	13	Page 1
14	14	First Read: 18-Apr-24
15	15	SYNOPSIS:
16	16	Under existing law, the Alabama Jobs Act
17	17	provides incentives for certain qualifying business
18	18	activities to stimulate job creation and capital
19	19	investment for new and existing businesses within
20	20	Alabama.
21	21	This bill would amend the definition of a
22	22	"renewable energy generation facility" which is an
23	23	activity eligible for incentives under the Alabama Jobs
24	24	Act.
25	25	A BILL
26	26	TO BE ENTITLED
27	27	AN ACT
28	28	Relating to the Alabama Jobs Act; to amend Section
29	29	40-18-372, Code of Alabama 1975, to amend the definition of a
30	30	renewable energy generation facility.
31	31	BE IT ENACTED BY THE LEGISLATURE OF ALABAMA:
32	32	Section 1. Section 40-18-372, Code of Alabama 1975, is
33	33	amended to read as follows:
34	34	"§40-18-372
35	35	A qualifying project must be found by the Secretary of
36	36	Commerce to conduct an activity specified in subdivision (1)
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64	64	28 SB330 INTRODUCED
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66	66	Commerce to conduct an activity specified in subdivision (1)
67	67	and to meet the minimum standard set forth in subdivision (2).
68	68	(1) A qualifying project must predominantly conduct an
69	69	activity that is any one or more of the following:
70	70	a. Described by NAICS Code 1133, 115111, 2121, 22111,
71	71	221330, 31 (other than 311811), 32, 33, 423, 424, 482, 4862,
72	72	48691, 48699, 48819, 4882, 4883 (other than 48833), 493, 511,
73	73	5121 (other than 51213), 51221, 517, 518 (without regard to
74	74	the premise that data processing and related services be
75	75	performed in conjunction with a third party), 51913, 52232,
76	76	54133 (if predominantly in furtherance of another activity
77	77	described in this article), 54134 (if predominantly in
78	78	furtherance of another activity described in this article),
79	79	54138, 5415, 541614, 5417, 55 (if not for the production of
80	80	electricity), 561422 (other than establishments that originate
81	81	telephone calls), 562213, 56291, 56292, 611512, 927, or 92811.
82	82	b. The production of biofuel as such term is defined in
83	83	Section 2-2-90(c)(2).
84	84	c. A renewable energy generation facility may be one of
85	85	the following:
86	86	1. A facility that is owned by one or more electric
87	87	providers, as the term is defined in Section 37-16-3, for
88	88	providing electric service at retail in Alabama .
89	89	2. A "qualifying facility" (QF) as defined by the
90	90	Energy Information Administration (EIA) as a cogeneration or
91	91	small power production facility that meets certain ownership,
92	92	operating, and efficiency criteria established by the Federal
93	93	Energy Regulatory Commission (FERC) pursuant to the Public
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123	123	Energy Regulatory Commission (FERC) pursuant to the Public
124	124	Utility Regulatory Policies Act (PURPA).
125	125	3. An "independent power producer" as defined by EIA as
126	126	a corporation, person, agency, authority, or other legal
127	127	entity or instrumentality that owns or operates facilities for
128	128	the generation of electricity for use primarily by the public .
129	129	For purposes of this subdivision, an "electric
130	130	provider" shall also include an authority as defined in
131	131	Section 11-50A-1. In the case of an electric provider that is
132	132	also a tax-exempt organization under the Internal Revenue
133	133	Code, notwithstanding Section 40-18-376(b)(3), any investment
134	134	credit may be transferred for the entire term of the project
135	135	agreement, as approved by the Governor. A "renewable energy
136	136	generation facility" as used in this subdivision shall include
137	137	any tangible property that is part of renewable energy
138	138	generation, including any addition, modification, expansion,
139	139	or upgrade to transmission or distribution systems that is
140	140	required to accommodate the interconnection of renewable
141	141	energy generation.
142	142	d. The conduct of original investigations undertaken on
143	143	a systematic basis to gain new knowledge or the application of
144	144	research findings or other scientific knowledge to create new
145	145	or significantly improved products or processes.
146	146	e. The national or regional headquarters for a company
147	147	that conducts significant business operations outside the
148	148	state and that will serve as the principal office of the
149	149	company'’s principal operating officer with chief
150	150	responsibility for the daily business operations of the
151	151	company.
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181	181	company.
182	182	f. A target of the state '’s economic development
183	183	efforts pursuant to the Accelerate Alabama Strategic Economic
184	184	Development Plan adopted in January 2012 by the Alabama
185	185	Economic Development Alliance, created by Executive Order
186	186	Number 21 of the Governor on July 18, 2011, or any amended
187	187	version or successor document thereto.
188	188	g. A type listed in a rule adopted by the Department of
189	189	Commerce, other than an emergency rule.
190	190	Notwithstanding the foregoing, a qualifying project may
191	191	not engage predominantly in farming activities involving
192	192	trees, animals, or crops, and a qualifying project may not
193	193	engage predominantly in the retail sale of tangible personal
194	194	property or services, and may not be a shopping center,
195	195	restaurant, movie theater, bowling alley, fitness center,
196	196	miniature golf course, nightclub, gaming facility, or
197	197	establishment serving the local community. However, if the
198	198	excluded activities are not the predominant activity at the
199	199	project, and if the project is otherwise a qualifying project,
200	200	then the project agreement may provide that the capital
201	201	investment may include costs related to excluded activities
202	202	that are ancillary to the primary business conducted as part
203	203	of the project. This provision shall not be deemed to exclude
204	204	customer service centers, call centers or headquarters
205	205	otherwise allowed by this subdivision.
206	206	(2) A qualifying project shall create a significant
207	207	number of new jobs for the area in which the qualifying
208	208	project shall be located. Absent a finding of extraordinary
209	209	circumstances by the Secretary of Commerce, a qualifying
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239	239	circumstances by the Secretary of Commerce, a qualifying
240	240	project shall employ either of the following number of new
241	241	employees:
242	242	a. Any number of new employees, for a qualifying
243	243	project in which the predominant activity involves chemical
244	244	manufacturing, data centers, renewable energy generation,
245	245	engineering, design, or research, metal/machining technology
246	246	or toolmaking; or
247	247	b. At least 50 new employees, for all other qualifying
248	248	projects."
249	249	Section 2. This act shall become effective on October
250	250	1, 2024.
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