Code of Alabama

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45-46-90
Section 45-46-90 Legislative findings. (a) The Legislature has found and determined
and does hereby declare that in Marengo County and in all municipalities situated in the county
the following conditions exist: (1) That the recent improvement of the state's inland waterways
is and will continue bringing about an ever expanding use of such waterways, and the tremendous
growth of commerce on such waterways has created a critical need for industrial expansion
and development in general and a particularly critical need for wharves, piers, docks, quays,
grain elevators, cotton compresses, warehouses, water and rail terminals, and other structures
and facilities needful in such commerce and for the convenient use of such waterways. (2)
That the continued economic growth of the county and municipalities and the general health
and welfare of the citizens of the county and municipalities will be greatly benefited by
the development of docks and other related facilities along the inland...
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45-46-90.12
Section 45-46-90.12 Loans, sales, grants, etc., of money, property, etc., to the authority
by counties, municipalities, etc. For the purpose of aiding or cooperating with the authority
in the planning, development, undertaking, construction, acquisition, extension, improvement,
operation, or protection of any of its facilities, any county, municipality, or other political
subdivision, public corporation, agency, or instrumentality of this state, upon such terms
with or without consideration, may as it may determine: (1) Lend or donate money to, or perform
services for the benefit of, the authority. (2) Donate, sell, convey, transfer, lease, or
grant to the authority, without the necessity of authorization at any election of qualified
voters, any property of any kind including, but without limitation, any ports, docks, wharves,
or other port facilities, or any facility related thereto or any interest in any such facility
and any franchise. (3) Provide that all or a portion of the taxes...
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41-23-121
Section 41-23-121 Powers of office. The office shall have the following powers to: (1)
Ensure that assets and needs of water transportation and intermodal infrastructure are properly
considered and reflected in the state's comprehensive transportation and strategic planning
policies. (2) Assist and coordinate with public and private entities in the development of
the state's rivers, ports, harbors, and intermodal facilities. (3) Coordinate with the Coalition
of Alabama Waterway Associations and other interests to formulate recommendations on annual
budget requirements for federal waterway projects, infrastructure development, and related
needs. (4) Coordinate with each of Alabama's individual waterway associations to promote the
continued development, maintenance, and multiple use benefits of federally maintained navigation
channels within the state and to market the benefits of improved water transportation. (5)
Coordinate with local and state development agencies to ensure a better...
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45-46-90.06
Section 45-46-90.06 Powers of the authority. (a) The authority shall have the following
powers, together with all powers incidental thereto or necessary to the discharge thereof
in corporate form: (1) To have succession by its corporate name for the duration of time which
may be perpetuity, subject to Section 45-46-90.18, specified in its certificate of
incorporation. (2) To sue and be sued in its own name in civil suits and actions, excepting
actions in tort, and to defend suits against it. (3) To adopt and make use of a corporate
seal and to alter the same at pleasure. (4) To adopt and alter bylaws for the regulation and
conduct of its affairs and business. (5) To acquire, receive, and take, by purchase, gift,
lease, devise, or otherwise, and to hold property of every description, real, personal, or
mixed. (6) To make, enter into, and execute such contracts, agreements, leases, and other
instruments and to take such other actions as may be necessary or convenient to accomplish
any...
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9-10-34
Section 9-10-34 Powers and duties generally. A corporation organized and established
under the provisions of this article shall have the following powers, subject only to the
limitations described in Section 9-10-35 following: (1) To adopt bylaws for the regulation
of its affairs and the conduct of its business; (2) To adopt an official seal and alter the
same at pleasure; (3) To maintain a principal office at the county seat and suboffices at
such place or places within the county as it may designate; (4) To sue and be sued in its
own name; (5) To enter into contracts and agreements or do any act necessary or incidental
to the performance of its duties and execution of its powers under this article; (6) To acquire,
hold and dispose of real and personal property or any interests therein; (7) To provide a
water supply by impounding a stream or by development and use of wells by either construction,
lease or purchase; (8) To develop and operate an irrigation project, including the...
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45-17-91.23
Section 45-17-91.23 Creation of Shoals Economic Development Fund; purposes for which
moneys in such fund may be expended. (a) There is created the Shoals Economic Development
Fund, which shall be a special or trust fund or account of the committee, and which shall
be administered in accordance with this subpart. (b)(1) The authority may, at any time and
from time to time, request that the committee authorize and approve the expenditure or appropriation
of moneys on deposit in the Shoals Economic Development Fund, but solely for purposes authorized
in subsection (c). Any such request may specify that such moneys shall be expended by, or
appropriated directly or indirectly to, any of the following: a. The authority itself. b.
Either of the counties, or any city or town located, in whole or in part, in either of the
counties. c. Any public corporation that has been organized with the approval or consent of
any one or more of the counties, the municipalities, or any other city or town in...
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45-36-162
Section 45-36-162 Distribution of payments. (a) Any payments coming into the treasury
of Jackson County that are derived, directly or indirectly, from payments by the Tennessee
Valley Authority in lieu of payment of taxes shall be appropriated as follows: (1) One percent
to the Jackson County Economic Development Fund paid to the fund monthly until it reaches
a balance of one million dollars ($1,000,000); the payments shall continue whenever the balance
in the fund drops below one million dollars ($1,000,000). The county commission may invest
the funds to the benefit of local governments and entities in the county, and expend the same
for disaster relief in the county or for any economic purpose that benefits the county, including,
but not limited to, any activity or purpose which provides an incentive for the creation or
retention of jobs and employment opportunities in the county. Participating local governments
or entities may apply for the funds for these purposes. It is the intent...
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11-65-1
Section 11-65-1 Legislative declarations and findings. The Legislature hereby finds
and declares as follows: (1) As the basis for enacting Act No. 84-131, the Legislature found
and determined that the conduct within Class 1 municipalities in the state of horse racing
events and pari-mutuel wagering thereon will generate additional revenues for governmental
and charitable purposes, provide additional jobs for the residents of the state and benefit
the businesses related to tourism and recreation within any such municipality and throughout
the surrounding areas of the state; it is desirable to permit the qualified voters of any
Class 1 municipality to determine through referendum whether horse racing and pari-mutuel
wagering thereon will be permitted in such municipality; and for each Class 1 municipality
in which horse racing is approved by the voters thereof, it is necessary and desirable to
provide for the establishment of a racing commission to regulate horse racing and pari-mutuel...

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37-11A-1
Section 37-11A-1 Execution and text of compact. The Governor, on behalf of this state,
shall execute a compact, in substantially the following form, with the State of Mississippi,
and the Legislature approves and ratifies the compact in the form substantially as follows:
Northeast Mississippi - Northwest Alabama Railroad Authority Compact. The contracting states
solemnly agree: Article I. The purpose of this compact is to promote and develop trade, commerce,
industry, and employment opportunities for the public good and welfare in northeast Mississippi
and northwest Alabama through the establishment of a joint interstate authority to acquire
certain railroad properties and facilities which the operator thereof has notified the Interstate
Commerce Commission of an intention to abandon and which are located in any of Franklin, Marion,
or Winston Counties, Alabama or in Alcorn or Tishomingo Counties, Mississippi. Article II.
This compact shall become effective immediately as to the State...
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40-23-4
Section 40-23-4 Exemptions. (a) There are exempted from the provisions of this division
and from the computation of the amount of the tax levied, assessed, or payable under this
division the following: (1) The gross proceeds of the sales of lubricating oil and gasoline
as defined in Sections 40-17-30 and 40-17-170 and the gross proceeds from those sales of lubricating
oil destined for out-of-state use which are transacted in a manner whereby an out-of-state
purchaser takes delivery of such oil at a distributor's plant within this state and transports
it out-of-state, which are otherwise taxed. (2) The gross proceeds of the sale, or sales,
of fertilizer when used for agricultural purposes. The word "fertilizer" shall not
be construed to include cottonseed meal, when not in combination with other materials. (3)
The gross proceeds of the sale, or sales, of seeds for planting purposes and baby chicks and
poults. Nothing herein shall be construed to exempt or exclude from the computation of...

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