Alabama § 41-10-27.1 State Preparation Grant Money for Raw or Completely Undeveloped Sites

Alabama Statutes

§ 41-10-27.1 — State Preparation Grant Money for Raw or Completely Undeveloped Sites

Alabama § 41-10-27.1

JurisdictionAlabama

Title 41State Government

Ch. 10Authorities

Art. 2Industrial Development Authority

Div. 1General Provisions

This text of Alabama § 41-10-27.1 (State Preparation Grant Money for Raw or Completely Undeveloped Sites) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 41-10-27.1 (2026).

Text

Notwithstanding any other provision of law to the contrary, a corporation in Standard Industrial Code Classification 3275 shall qualify to receive in site preparation grant money the sum of one million dollars ($1,000,000) for a site that is raw or completely undeveloped if the corporation is making a one hundred million dollar ($100,000,000) or more capital investment and is employing 400 or more employees either directly or indirectly.

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Notwithstanding any other provision of law to the contrary, a corporation in Standard Industrial Code Classification 3275 shall qualify to receive in site preparation grant money the sum of one million dollars ($1,000,000) for a site that is raw or completely undeveloped if the corporation is making a one hundred million dollar ($100,000,000) or more capital investment and is employing 400 or more employees either directly or indirectly.