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Economy

Britt’s leadership will be tested with infrastructure legislation

If Gov. Kay Ivey’s Build Alabama Act passes, she can point to one of her top allies for its success. Business Council of Alabama President and CEO Katie Boyd Britt is standing with Ivey, working diligently in private meetings and public forums to ensure that lawmakers and stakeholders are aware of the benefits of passing … Continued
March 5, 2019

Alabama Republican Legislature should follow Trump’s lead on lending

Earlier this month, the Trump Administration took a giant step toward helping low-income Americans by rolling back Obama-era regulations that damaged low-income Americans. At President Donald Trump’s direction, the Consumer Financial Protection Bureau signaled a possible rollback of a previous rule that severely restricted access to capital for low and lower-middle income Americans. Under the … Continued
March 5, 2019

Marshall announces top consumer complaints in 2018

March 3 through 9 is National Consumer Protection Week and Alabama Attorney General Steve Marshall announced the top five categories of complaints from Alabama consumers received by his office’s Consumer Interest Division over the last year. They are complaints involving: 1. Automobiles, 2. Online Purchases, 3. Debt Collection, 4. Cable and Satellite Services, and 5. … Continued
March 5, 2019

A time for lions, not sheep

Every four years, Alabama lawmakers have an opportunity to do bold things that are usually politically impossible in other years of the legislative quadrennium. A few big ideas on the table for 2019 are passing a fuel tax to revamp and expand the state’s infrastructure and offering citizens an opportunity to vote on a gaming … Continued
March 4, 2019

City leaders join Ivey in support of gas tax plan

Municipal leaders from across the state joined Gov. Kay Ivey at the State Capitol on Friday, March 1, for a press conference on her Rebuild Alabama Infrastructure Plan. The plan proposes a 10-cent increase on Alabama’s fuel tax. Currently, the state imposes a flat tax of 18 cents per gallon on gas and 19 cents … Continued
March 4, 2019

Alabama’s working class shouldn’t be hit with a gas tax

Why is it always the responsibility of the working class in Alabama? Everything falls to them. Not enough money for social programs? Cut government workers. Not enough money for health care? Cut teachers’ benefits. Need new prisons? Take from veterans. And now, need new roads and bridges? Take it from the folks going to work … Continued
March 4, 2019

BCA commends Gov. Ivey’s infrastructure plan

Gov. Kay Ivey announced her new Rebuild Alabama Infrastructure Plan on Wednesday in Maplesville, Alabama. The plan aims to raise the state’s motor fuels tax to invest in infrastructure in order to further economic development and ensure the safety of Alabamians. The Business Council of Alabama commended Ivey for the plan, saying the state’s transportation … Continued
February 28, 2019

Ivey unveils infrastructure plan

On County Road 17 in rural Maplesville, Gov. Kay Ivey earlier today announced her bold new Rebuild Alabama Infrastructure Plan. “By increasing our investment in infrastructure, we are not only investing in our roads and bridges,” said Ivey. “We are making important investments in economic development, the safety of our family and friends, our local … Continued
February 27, 2019

Met coal exports reach $2 billion in 2018

In 2018, 11 million tons of Alabama-mined met coal was exported to global steelmakers, which totaled $2 billion worth of the coal being shipped through the Port of Mobile. This high dollar amount has not been recorded in recent history. The Alabama Coal Association released statistics on Tuesday detailing met coal exports for 2018 that … Continued
February 27, 2019