Bill > SB185

This bill amends existing Alabama law to grant transit authorities expanded powers, most notably authorizing them to participate in various business organizations, including acting as shareholders in corporations, partners in partnerships, or members of other lawful business entities related to transit operations or land acquisition. This expansion aims to assist transit authorities in fulfilling their purpose by allowing them to create, operate, or support for-profit or non-profit subsidiaries and affiliates, and to provide financing for these business ventures. The bill also makes conforming changes to definitions, such as clarifying the meaning of "Metropolitan Planning Organization" and "Fiscal Year," and updates references to federal law regarding alternative transportation projects. Additionally, it clarifies that the authority cannot use eminent domain to acquire property from public or private railroads or utilities and sets specific limits on monetary damages recoverable against the authority for bodily injury, death, or property damage. The bill is set to become effective on October 1, 2026.

Government Affairs

https://alison.legislature.state.al.us/bill-search