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 removes previous limits on bond amounts and replaces them with new caps, including a maximum of $60 million for additional bonds related to bedspace improvements and a total of $1.285 billion for the phased plan outlined in Act 2021-546.

Furthermore, 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 quarterly on the results. The act is set to take effect on July 1, 2025. Overall, the legislation aims to enhance the state's prison infrastructure while promoting diversity in contracting opportunities.

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