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Economy

A list of Poarch Creek’s donations ahead of lottery vote

A paper-only lottery bill will be debated on the floor of the House on Tuesday. The Poarch Band of Creek Indians have opposed legislation that would allow others to compete with their gaming operation in the state. The measure before the House is Senate Bill 220 sponsored by State Sen. Greg Albritton, R-Atmore. The bill … Continued
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May 20, 2019

Houses passes bill intended to improve use of economic incentives

The Alabama House of Representatives passed the Alabama Incentives Modernization Act on Thursday to improve the way that the state uses economic incentives. More specifically, this bill would add new tools for the attraction and expansion of businesses in rural Alabama as well as in federally designated Opportunity Zones. It also targets attracting technology companies. … Continued
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May 20, 2019

Senate approves bill to lower drug prices, improve transparency

A bill that could lower prescription drug costs for Alabamians passed the Alabama State Senate 27-0 on Wednesday. The bill—if passed in the House of Representatives and signed into law—will outlaw “gag clauses” used by pharmacy benefit managers. These contractual gag clauses keep pharmacists from informing a customer they could save money by purchasing a … Continued
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May 17, 2019

Ivey attends Hyundai engine plant grand opening

Alabama Gov. Kay Ivey joined Hyundai Motor Manufacturing Alabama LLC officials at the grand opening of its cylinder head manufacturing plant in Montgomery on Wednesday. The $388 million project has already spurred the creation of 50 jobs. The new plant in Montgomery is the third facility at HMMA to support production of more than 650,000 … Continued
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May 17, 2019

House Committee approves lottery bill

On Wednesday, the House Economic Development and Tourism Committee gave a favorable report to a constitutional amendment that would create a state lottery in Alabama. Gambling is prohibited by the Alabama 1901 Constitution, so passing a lottery requires amending the Constitution. Senate Bill 220 is sponsored by State Sen. Greg Albritton, R-Atmore. The bill was … Continued
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May 16, 2019

Committee gives favorable report to fantasy sports bill

On Wednesday, the Senate Tourism Committee gave a favorable report that would allow fantasy sports contests to be played legally in Alabama. House Bill 361 is sponsored by State Rep. Kyle South, R-Fayette. During the House debate, South said that fantasy sports contest are games of skill and are not games of chance. Gambling is … Continued
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May 16, 2019

Shelby announces local airports will receive $20.8 million in FAA funding for improvements

U.S. Sen. Richard Shelby, R-Alabama, announced that five local airports across the state of Alabama will receive $20.8 million in Federal Aviation Administration grants. The funding was awarded by the U.S. Department of Transportation for various airport improvements to support infrastructure construction, safety advances, and equipment acquisition. “This FAA funding will significantly improve the functionality, … Continued
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May 13, 2019