The State of Alabama received 34 applications from local economic development authorities for funding for industrial site development in their communities.
Members of the Dothan City Commission approved $500,000 for a new economic development project called “Project Cinnamon” on Tuesday morning.
An amendment that would’ve increased the baseline private investment needed to qualify for new tourism incentives in Alabama failed in a Senate committee on Wednesday morning.
MONTGOMERY — Governor Kay Ivey announced a package of incentives bills on Monday that would increase the spending cap and extend the expiration date on the Alabama Jobs Act.
Governor Kay Ivey called for renewing Alabama’s economic development incentives programs on Wednesday.
Members of the Joint Legislative Study Commission on Economic Development Incentives recommended at a meeting Monday the Legislature consider increasing the $350 million cap on Alabama Jobs Act economic development incentives and extending the sunset date of the law for another five years until July 30, 2028.