Alabama Department of Economic and Community Affairs, authorized to provide low-interest financing under certain circumstances, constitutional amendment

Summary

The proposal changes the state constitution so the Alabama Department of Economic and Community Affairs can offer low‑interest financing to chemical and energy production plants that meet defined qualifications. The loans would be part of the State Energy Supply and Chemical Trade Stabilization Act. Voters must approve the amendment in a future election.

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

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