Alabama · 2025 Regular Session · Bill

SB 304: Powering Growth Act established, Alabama Energy Infrastructure Bank and the Strategic Energy Procurement Fund established under the State Industrial Development Authority to assist in obtaining equipment and providing financing for qualified energy infrastructure projects

Enacted Last action May 14, 2025: Enacted

Plain-language summary

SB 304 is a bill introduced in the Alabama Senate on April 8, 2025. According to its official title, it concerns: Powering Growth Act established, Alabama Energy Infrastructure Bank and the Strategic Energy Procurement Fund established under the State Industrial Development Authority to assist in obtaining equipment and providing financing for qualified energy infrastructure projects. Primary sponsor: Arthur Orr (Republican). Most recent recorded action (May 14, 2025): Enacted.

Sponsors

Primary sponsor: Arthur Orr (Republican).