The bill HB91 Enrolled amends Sections 24-1-61 and 24-1-66 of the Code of Alabama 1975, enhancing the powers and responsibilities of county housing authorities. Key insertions include the definition of "mixed-use project," which encompasses developments that integrate housing, retail, and recreational spaces. The bill also clarifies that county housing authorities are exempt from certain taxes under specific conditions and allows them to create and support for-profit or nonprofit subsidiaries to assist in their objectives. Significant deletions involve the simplification of definitions and the removal of redundant phrases, such as the term "government," which is now defined to include state or federal entities without qualifiers.

Additionally, the bill expands the operational capabilities of housing authorities, permitting them to manage housing projects and community facilities without being considered agents of the county for projects not owned by it. It allows authorities to engage in various financial activities, including making loans and guaranteeing debts, while ensuring compliance with applicable laws when using public funds. The bill also validates previous actions taken by wholly owned business entities of the authority before June 1, 2025, and outlines tax exemptions for county housing authorities and their subsidiaries, contingent upon local governing body approval. The act is set to take effect on June 1, 2025.

Statutes affected:
Introduced: 24-1-61, 24-1-66
Engrossed: 24-1-61, 24-1-66
Enrolled: 24-1-61, 24-1-66