The bill authorizes the Alabama Department of Economic and Community Affairs to facilitate the development, improvement, maintenance, and construction of inland ports and transfer facilities within the state. It establishes the Inland Ports and Intermodal Development Fund, which will receive annual appropriations of $2 million from the State General Fund starting in fiscal year 2026 through 2028. The funding will be awarded on a competitive basis for projects that significantly impact local or regional areas, with a focus on reducing highway congestion and enhancing port competitiveness. The bill also outlines eligibility requirements for funding, specifying that funds cannot be used for routine maintenance or the establishment of new inland ports without prior feasibility studies.

Additionally, the bill includes provisions that preserve existing laws governing local port or infrastructure commissions and authorities, ensuring that the new regulations do not interfere with their operations. It explicitly states that no diversion of funds from these entities will occur and that the Department of Economic and Community Affairs will adopt necessary rules and regulations for implementation. The act is set to take effect on October 1, 2024.