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11-86A-2
Section 11-86A-2 Legislative findings of fact and declaration of intent; construction of chapter.
(a) The Legislature hereby makes the following findings of fact and declares its intent to
be as follows: The Legislature acknowledges the key role of public corporations in the state
in promoting public interest and participation in sports, athletics, and recreational activities
through acquiring, enlarging, improving, expanding, owning, operating, leasing, and disposing
of park and recreation related properties. It has come to the attention of the Legislature
that questions have been raised as to the status of certain local park and recreational authorities
and boards located in the state. It is the intent of the Legislature to promote the public
health and general welfare by exercising its police power to authorize the formation or retroactive
validation of independent public corporations created jointly by counties and municipalities,
one of which is to be a Class 4 municipality, as...
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16-18B-16
Section 16-18B-16 Appropriation and allocation of funds. There is hereby appropriated so much
of the bond proceeds and interest income thereon as may be necessary for the acquisition,
provision, construction, improvement, renovation, equipping and maintenance of forensic sciences
laboratories and educational facilities for the provision of instruction and research in the
field of forensic sciences. Moneys in the fund (whether original proceeds from the sale of
the bonds or principal proceeds of matured permitted investments) shall be paid out from time
to time in orders or warrants issued by or on the direction of the corporation for the purposes
specified in this article that may be deemed by the corporation to be most advantageous to
the state, and such moneys shall be allocated and expended by the corporation, subject to
all the provisions of this article, in the amounts set out as follows: (1) $10,000,000 to
plan, design, inspect, construct, reconstruct, enlarge, improve, repair,...
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11-95-9
Section 11-95-9 Bonds of corporation - Proceeds from sale. All moneys derived from the sale
of any bonds issued by a corporation shall be used solely for the purpose or purposes for
which the same are authorized, including, but without limitation to, the establishment of
reserve funds as security for the payment of the principal of (and premium, if any) and interest
on such bonds and funds for the maintenance, repair, replacement, improvement and enlargement
of any of its hospital facilities or other properties, and any costs and expenses incidental
thereto. Such costs and expenses may include but shall not be limited to the fiscal, consulting,
legal and other expenses incurred in connection with the issuance of the bonds, and interest
to accrue on such bonds for a period ending not later than three years from their date. (Acts
1981, No. 81-338, p. 480, §9.)...
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22-21-324
Section 22-21-324 Use of proceeds. (a) The principal proceeds derived from any borrowing made
by an authority shall be used solely for the purpose or purposes for which such borrowing
was authorized to be made. If any securities are issued for the purpose of financing costs
of acquiring, constructing, improving, enlarging and equipping health care facilities, such
costs shall be deemed to include the following: (1) The cost of any land forming a part of
such health care facilities; (2) The cost of the labor, materials and supplies used in any
such construction, improvement or enlargement, including architectural and engineering fees
and the cost of preparing contract documents advertising for bids; (3) The purchase price
of, and the cost of installing, equipment for such health care facilities; (4) The cost of
landscaping the lands forming a part of such health care facilities and of constructing and
installing roads, sidewalks, curbs, gutters, utilities and parking places in...
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40-18-370
Section 40-18-370 Short title; legislative findings; definitions. (a) This article shall be
known and may be cited as the Alabama Jobs Act. (b) The Legislature makes the following findings:
(1) The economic well-being of the citizens of the state will be enhanced by the increased
development and growth of employment within Alabama. (2) It is in the best interests of the
state to provide certain incentives to allow the state to foster economic development through
the recruitment of quality projects and the expansion of existing businesses within Alabama.
(3) The incentives provided for in this article do not raise any taxes for any individuals
or businesses in Alabama under state law. (4) The incentives provided in this article will
allow the state to encourage the creation of new jobs that may not otherwise exist within
the State of Alabama. (5) The incentives provided in this article will increase revenues for
the state without increasing taxes. (6) The Constitution of the State of...
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11-54-120
Section 11-54-120 Definitions. Wherever used in this division, unless a different meaning clearly
appears in the context, the following terms, whether used in the singular or plural, shall
be given the following respective interpretations: (1) INDUSTRIAL DEVELOPMENT BOARD. Any public
corporation now in existence or hereafter organized pursuant to the provisions of the Industrial
Development Board Act. (2) INDUSTRIAL DEVELOPMENT BOARD ACT. a. Act No. 648 enacted at the
1949 Regular Session of the Legislature of Alabama, as amended (Division 1 of this article),
and b. This chapter. (3) ANCILLARY FACILITY. Any land and any building or other improvement
thereon and all real and personal properties deemed necessary in connection therewith, including
without limitation office facilities and any other necessary or appropriate facilities, whether
or not now in existence, which shall be suitable for use by any of following or by any combination
of two or more thereof: a. Any industrial...
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23-1-300
Section 23-1-300 Purpose and construction of article. (a) It is the intention of the Legislature
by the passage of this article to authorize the incorporation of the Director of Finance,
the Director of Transportation, the Attorney General, the State Treasurer, and the Governor
of Alabama for the purposes of establishing the program Roads and Bridges to Alabama's Future
and of anticipating and providing for the federal share of the cost of constructing federal
aid projects and thus to accelerate the construction of such federal aid projects in the state
by the issuance of the obligations of such corporation, which shall not be bonds or debts
of the state but shall be payable solely from federal aid highway funds and the tax proceeds
and investment income provided therefor by this article. (b) This article shall be liberally
construed in conformity with the said purpose. (Acts 1976, No. 565, p. 764, §1; Acts 1981,
No. 81-387, p. 574, §1; Acts 1988, No. 88-652, p. 1041, §1; Acts 1992,...
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40-17-371
Section 40-17-371 Cost of collection; distribution of tax proceeds. (a) The Alabama Department
of Revenue shall retain one-quarter of one percent (0.25%) of the tax proceeds, less any refunds,
from this additional excise tax on gasoline and diesel fuel for its cost of collection. The
department may adopt rules and such forms as may be necessary for the administration of the
excise tax provided for in this article. (b) Each month, prior to the remaining payments provided
in this article, up to $750,000 of the tax proceeds from the additional excise tax on gasoline
and up to $230,000 of the tax proceeds from the additional excise tax on diesel fuel shall
be distributed first to the Alabama Highway Finance Corporation for the payment of the principal
of and interest on bonds to be issued by it to finance improvements to the ship channel providing
access to the facilities of the Alabama State Docks, to the extent necessary for such purpose.
The amount distributed pursuant to this section...
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11-89A-1
Section 11-89A-1 Legislative findings. It is hereby found and declared as follows: That the
collection, disposal, and utilization of solid waste is a matter of grave concern to all citizens
and is an activity thoroughly affected with the public interest; that the health, safety,
and welfare of the people of this state require efficient solid waste collection and disposal
service and efficient utilization of such waste; that the need exists to develop alternative
energy sources for public and private consumption in order to reduce our dependence on such
sources as petroleum products, natural gas, nuclear and hydroelectric generation; that solid
waste represents a potential source of solid fuel, oil or gas that can be converted into energy;
that technology exists to produce usable energy from solid waste; that there is a need for
planning, research, development, and innovation in the design, management, and operation of
facilities for solid waste management, in order to encourage...
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11-99-1
Section 11-99-1 Legislative findings and declarations. (a) Act 2013-51 shall be known and may
be cited as the Major 21st Century Manufacturing Zone Act. (b)(1) It is hereby found and declared
that there exist in municipalities and counties of the state blighted or economically distressed
areas which constitute a serious and growing problem, injurious to the public health, safety,
morals, and welfare of the residents of the state; that the existence of such areas contributes
substantially and increasingly to the spread of disease and crime, constitutes an economic
and social liability imposing onerous burdens which decrease the tax base and reduce tax revenues,
substantially impairs or arrests sound growth, retards the provision of housing accommodations,
aggravates traffic problems, and substantially hampers the elimination of traffic hazards
and the improvement of traffic facilities; and that the prevention and elimination of slums
and blighted areas and economically distressed areas...
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