The bill HB91 amends Sections 24-1-61 and 24-1-66 of the Code of Alabama 1975, enhancing the powers of county housing authorities and ratifying previously created subsidiaries. Key insertions include the definition of "mixed-use project," which encompasses developments that integrate housing, retail, and recreational components. The bill clarifies that while housing authorities can manage housing projects, they are not agents of the county for projects not owned or constructed by the county, including community facilities and mixed-use projects. Additionally, the bill introduces provisions allowing authorities to create and support for-profit or nonprofit subsidiaries, and mandates compliance with specific state regulations when using public funds for housing projects.

The bill also includes several deletions aimed at modernizing the language and streamlining definitions, such as replacing "the following respective meaning" with "the following meanings." It establishes that any financial obligations incurred by the authority are solely its responsibility, protecting the county from liability. Tax exemptions for the authority's property, income, and transactions are introduced, contingent upon local governing body approval. The bill further allows exemptions from county or municipal taxes and fees imposed by probate judges for wholly owned subsidiaries of the authority. These provisions are set to take effect on June 1, 2025, aiming to enhance the operational flexibility and financial capabilities of housing authorities in addressing community development and housing needs.

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