Beginning in the fiscal year ending September 30, 2006, the Legislature shall annually appropriate an amount up to $2,000,000 from the Capital Improvement Trust Fund to the State Industrial Development Authority for the purpose of paying industrial development site grants. The bond commission established by Amendment 666 of the Constitution of Alabama of 1901, now appearing as Section 210.04, of the Official Recompilation of the Constitution of Alabama of 1901, as amended, shall consult with the State Industrial Development Authority and recommend to the Legislature the actual amount of the annual appropriation.
Structure Code of Alabama
Article 2 - Industrial Development Authority.
Division 1 - General Provisions.
Section 41-10-20 - Definitions.
Section 41-10-21 - Legislative Findings of Fact and Declaration of Intent; Construction of Article.
Section 41-10-22 - Authorization and Procedure for Incorporation.
Section 41-10-25 - Composition; Recordkeeping; Admissibility in Evidence.
Section 41-10-26 - Powers of Authority Generally.
Section 41-10-26.1 - Exercise of Powers Granted to Airport Authorities.
Section 41-10-27.1 - State Preparation Grant Money for Raw or Completely Undeveloped Sites.
Section 41-10-27.2 - Appropriation of Funds for Payment of Industrial Development Site Grants.
Section 41-10-29 - Disposition of Proceeds From Sale of Bonds and Refunding Bonds.