Area bills gain final approval
Last Modified: Thursday, May 31, 2007 at 11:00 p.m.
MONTGOMERY -- Gov. Bob Riley said Thursday he will sign the two economic development bills for the Shoals that gained final approval in the House earlier in the day.
- Tax may exceed projections
- Tax could exceed expectations
- Industries prepare for work force
- Training class set for January
- Detroit company hired for plant
- Cramer discusses work force development with college
- SIDC committee meets to approve expenditures
- Tax increase begins today
- State committee OKs bond issue
- 1,800 jobs coming to Shoals
- Bringing plant to the Shoals involved many people, hurdles
- What was once a farm will be home to mile-long plant
- Work could start in weeks
- Area prepares for expanded welding trade
- Locals respond to company locating in Shoals
- Colbert votes to rescind Barton Park covenants
- Officials to make 'major announcement'
- Railcar company ready to pick Shoals
- Lauderdale votes to implement tax hike
- Commission expected to vote today on tax
- Sales tax in Colbert will increase Aug. 1
- August eyed for half-cent tax collection
- Sales-tax increase moving forward
- Talks to begin on imposing sales tax
- Gov. Riley signs local economic legislation
- Lawmakers pass liquor-related bills
- Senate passes Shoals tax bills
- Sales tax bill goes to Senate
- Commission receives draft bill, prepares to advertise proposal
- Sales tax proposal heading to legislators
- Vote expected today on sales tax
- Colbert OKs resolution calling for tax increase
- Session could be a busy one for local legislators
- Officials hammer out tax proposal
- Residents sound off about proposed sales tax increase
- Some commissioners undecided about tax
- Adopt the incentives
- Meeting addresses sales-tax proposal
- Fund talk gets ugly
- Legislators have questions about fund
- Incentive fund seen as major recruiting tool
- Incentive fund
- Shoals chamber supports development fund
- SEDA officials seek sales tax increase
There was no opposition to the bills that were sponsored by state Sen. Bobby Denton, D-Muscle Shoals, who passed them in the Senate.
Riley previously signed a third bill creating a Shoals industrial development committee that will handle money from new sales taxes the Legislature authorized to back up a local economic incentive plan to attract a major industry to the Shoals.
Riley spokesman Jeff Emerson said a signing ceremony for the two tax bills has not been scheduled but Riley will sign the two bills.
The bills are considered crucial in helping the Shoals put together an incentive package needed to attract a major industry to Colbert County.
The bills passed Thursday give the Colbert and Lauderdale county commissions the authority to levy additional half-cent sales taxes to support the local incentive package.
Local economic development officials are working the state in an effort to lure a railroad boxcar plant to Barton Riverfront Industrial Park. The company involves expect to create between 1,500 and 1,800 workers.
Local government officials backed the half-cent sales tax proposals to meet financial requirements to compete for the project known as Project Tiger.
Money from the sales tax also can be used to develop additional industrial parks, improve existing parks and for other recruiting initiatives.
The bills were sponsored by Denton.
The bills were delayed for months in the Senate because of a filibuster over unrelated issues. Once passed by the Senate and sent to the House, they were approved with no discussion.
The Colbert County bill passed the House 29-0, with 58 abstentions, and the Lauderdale County bill passed 20-0, with 68 abstentions. Legislators routinely abstain from voting on tax bills even if they're purely local bills outside their districts.
"It's a real relief,'' said Denton, who was under pressure to pass the bills and was even criticized for the Senate's stalling tactics that kept the bills tied up until near the end of the legislative session.
"The primary significance is the bills are supposed to create hundreds of jobs for the local communities and also they will create spin-off jobs,'' Denton said.
Denton was praised by Lt. Gov. Jim Folsom and others for persistence in getting the bills passed.
Shoals Economic Development Authority President Forrest Wright said he was pleased the legislation passed, calling it "an important piece of legislation for northwest Alabama.''
Project Tiger is the largest known, currently unsecured industrial project in the state.
Dana Beyerle can be reached at (334) 264-6605 or dtb12345aol.com.
Next Article in Local News
-
Museums generate interest, not money
Local museums, whether they're privately funded or funded by a municipality, such as the four museums in the city of Florence, are not normally known for being revenue-generating operations.
What they are known for is providing a glimpse into...
Events Calendar More Events Submit Event
- After 20 years, bank president still enjoys job
- Linens 'n Things chain facing liquidation
- Attorney: Death was violent
- Teen dies after being hit by truck
- Some schools and offices closed for Columbus Day
- Law & Order
- Work under way for new company
- Inmate health-care issues make budgeting difficult
- Law & Order
- Officials: More road construction in future
- Doubling of Vitamin D for Children Is Urged 46 min ago
- Revived Fervor for Smart Monitors Linked to a Server 46 min ago
- Korean Star’s Suicide Reignites Debate on Web Regulation 46 min ago
- Using Disclosure Rules as a Defense for a Senator 46 min ago
- Stock Slump Imperils Putin’s Effort to Pump Up Russian Wealth, and His Legacy 46 min ago
- Mainstream News Outlets Start Linking to Other Sites 46 min ago
- After Weekend Financial Huddle, No Sign That Lenders Will Thaw 46 min ago
- Study Warns of Hearing Loss From Music Players 46 min ago
- North Korea to Resume Disabling Nuclear Plant 46 min ago
- U.S. Officials Said to Offer Protection to Japan Investors 46 min ago

Add a Comment
Start or join a forum on this topic.