The authority shall report annually to the Legislature as to its outstanding projects. Such report shall be due on the fifth legislative day of each regular session and shall include a detailed accounting of each project approved that year, the value of each outstanding project, the date each project will be completed, the criteria and cost/benefit analysis used to justify each project and the amount of tax credits utilized and job development fees retained by approved companies for each approved project in that year. Such report shall also include all bond fees, attorneys fees, commissions paid and all other costs of financing each project. The authority shall include any other information requested by the Legislature by a joint resolution.
Structure Code of Alabama
Article 2A - Additional Powers of State Industrial Development Authority.
Section 41-10-44.1 - Legislative Intent With Respect to Additional Powers of the Authority.
Section 41-10-44.2 - Additional Definitions.
Section 41-10-44.3 - Additional Powers of Authority.
Section 41-10-44.4 - Determination of Approved Companies.
Section 41-10-44.5 - Legislative Oversight of the Authority.
Section 41-10-44.6 - Project Obligations Generally.
Section 41-10-44.7 - Proceeds From the Sale of Project Obligations; Revenues and Other Funds.
Section 41-10-44.8 - Tax Credits, Job Development Fees and Other Incentives.
Section 41-10-44.9 - Establishment of Tax Increment Funds.
Section 41-10-44.10 - Refunding Obligations.
Section 41-10-44.12 - Requirement to Report to the Legislature.
Section 41-10-44.13 - Exemption From Certain Taxes and Fees.
Section 41-10-44.14 - No Notice, Approval, Public Hearing Required for Issuance of Obligations.