The bill amends several sections of the Code of Alabama 1975 concerning Capital Improvement Cooperative Districts, specifically Sections 11-99B-5, 11-99B-7, 11-99B-9, and 11-99B-11. It introduces new provisions that allow districts to amend their articles of incorporation to include additional areas and projects, as well as to impose rates, fees, and charges on users and property owners, contingent upon approval from the governing body. The amendment process has been streamlined by deleting phrases such as "and from time to time" and "said," while new language clarifies the addition of new areas and the necessary consent from property owners.

Furthermore, the bill enhances the districts' powers by permitting them to acquire new properties, enter into contracts, and manage projects across multiple counties or municipalities. It specifies the process for amending the certificate of incorporation, requiring resolutions from the governing bodies of both existing and new members. Key insertions include the requirement for districts to ensure the payment of rentals, licenses, rates, fees, or charges through reasonable deposits from users, and mandates that these financial charges be fixed and revised to cover project costs and ensure sufficient funds for bond payments. The bill also clarifies that management agreements must be mutually agreeable and that property sales or conveyances require consent from each member, evidenced by a resolution. The act is set to take effect on October 1, 2024.

Statutes affected:
Introduced: 11-99B-5, 11-99B-7, 11-99B-9, 11-99B-11
Engrossed: 11-99B-5, 11-99B-7, 11-99B-9, 11-99B-11
Enrolled: 11-99B-5, 11-99B-7, 11-99B-9, 11-99B-11