The bill amends Section 14-2-12 of the Code of Alabama 1975 to authorize the Alabama Corrections Institution Finance Authority to increase the total amount of bonds issued for prison modernization to $1.285 billion. The new legal language allows the authority to issue additional bonds for the acquisition, construction, and improvement of prison facilities, with specific limits set for different phases of the project. Notably, the bill increases the cap on additional bonds from $25 million to $60 million for certain projects and establishes a comprehensive phased plan for the construction and renovation of various prison facilities, including specialized men's and women's prisons.

Additionally, the bill emphasizes the importance of minority business participation in the construction of prison facilities, mandating the authority to adopt a plan to encourage such participation and to report on the results quarterly. The act is set to take effect on July 1, 2025. The amendments include the deletion of outdated language and the insertion of provisions that enhance the authority's ability to finance prison improvements while ensuring transparency and diversity in contracting.

Statutes affected:
Introduced: 14-2-12
Enrolled: 14-2-12