Ala. Admin. Code r. 281-6-2-.06 - Award Of Funding To Local Economic Development Organizations
Current through Register Vol. 40, No. 6, March 31, 2022
(a) Commerce will
review applications for approval. If Commerce approves an application, it will
forward the application to the Renewal of Alabama Commission.
(b) Applications are reviewed by the Renewal of
Alabama Commission pursuant to procedures adopted by the Renewal of Alabama
Commission.
(c) Applications that are
approved by the Renewal of Alabama Commission shall be returned to Commerce for
entry into a Growing Alabama Funding Agreement. Commerce shall prescribe the form
of Growing Alabama Funding Agreement and may amend the same from time to
time.
(d) Upon execution and delivery
of a Growing Alabama Funding Agreement by all parties thereto, Commerce will
provide a copy of the Growing Alabama Funding Agreement to Revenue together with
such information as is necessary or convenient for Revenue to administer the
online system mandated by the Act.
Notes
Author: Department of Commerce
Statutory Authority: Code of Ala. 1975. ยงยง 40-18 -412, 40-18-415(f).
The following state regulations pages link to this page.
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.