Creates the Automotive Supply Chain Resilience and Expansion Act; creates Automotive Tariff Relief Grant Program; creates the Supply Chain Relocation and Expansion Tax Credit; creates the Export Market Diversification Program

Summary

The bill sets up a grant program, a refundable tax credit, low‑interest loans and export assistance for Alabama automotive manufacturers and suppliers hurt by federal tariffs. It also directs state procurement to favor affected domestic firms and creates a task force to monitor trade impacts. The measures aim to protect jobs and keep the state’s auto industry competitive.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share