Here is today's summary of economic development news, a free service of the Economic Development Partnership of Alabama, representing Alabama's private sector investment in economic development. If you enjoy NewsFlash, thank an
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Gov. Kay Ivey has not signed a bill to exempt economic development professionals from registering as lobbyists under the state ethics law but plans to do so, Press Secretary Daniel Sparkman said today.
The bill, HB317 by Rep. Ken Johnson, R-Moulton, would die if the governor did not sign it by Sunday, Sparkman said.
Ivey had issued a statement supporting the bill after it
passed on the last day of the session last week, so her decision to sign it is not a surprise.
The Birmingham-Jefferson County Transit Authority is getting $3.6 million in federal funds to replace buses.
The U.S. Department of Transportation announced the money today through its Federal Transit Administration (FTA), as part of $264 million in grants around the country.
The money in Birmingham will replace buses that have exceeded their usability, reducing maintenance and other costs ahead of the city hosting the 2021 World Games.
A total of eight Birmingham companies will compete May 9 for $100,000 as the latest stop in a entrepreneurial seed money bus tour.
The fourth "Rise of the Rest" tour, from Washington D.C.-based Revolution fund, is promoting tech startups through the tour, which is making stops in Birmingham, Dallas, Memphis, Chattanooga and Louisville.
Participants get four minutes to pitch, and another four minutes to answer questions.