Elimination of insurance tax break could produce $40 million a year in additional revenue
The purpose of the tax credit was to incentivize insurance companies to house facilities in Alabama.
private prisons
Speaker McCutcheon: Wednesday’s meeting with Kay Ivey on prisons “productive”
Without any other alternative to build new prisons, the governor is reaching out to legislators.
Ivey meets with legislative leaders on prison situation
June 1 had been the deadline to conclude contracts with private prison developers on building three new prisons.
Deadline passes on prison contracts
With the private prison option apparently fading, Ivey said that she would discuss the situation with House and Senate leaders.
Legislature is having “discussions” on Medicaid expansion
Budget Chairman Greg Albritton said expansion could cost the state as much as $300 million more than the federal government says.
Regions Bank won’t finance private prison company CoreCivic
CoreCivic is set to build two of Alabama’s three new planned prisons in Escambia and Elmore counties.
Private prison company eyes Elmore County land for one of state’s new prisons
Editor’s note: The story was updated Feb. 12, 2020, to reflect that the private company Corvias has also pulled out of the procurement process. The private prison company CoreCivic for more than two years has been eying land just outside the city of Tallassee in Elmore county to build one of Alabama’s planned three new … Continued