North Alabama leaders endorse Amendment 11 - WAFF-TV: News, Weather and Sports for Huntsville, AL

North Alabama leaders endorse Amendment 11

(Source: WAFF) (Source: WAFF)

Alabama lawmakers and Huntsville city leaders are all for making Amendment 11 a reality and want citizens to support it too.

State senators, state representatives, and Huntsville Mayor Tommy Battle said this amendment is “all about jobs.” It’s headed to the polls Nov. 8 after a unanimous vote from the state senate.

“The reason people should care about this is because it means jobs,” Battle said. “It means good paying jobs. It means a standard of living rising in this whole area."

Lawmakers said this piece of legislation would give Alabama a powerful tool to recruit mega-projects to Alabama that would provide quality jobs. At a news conference on Wednesday, officials said passing Amendment 11 would make north Alabama and the rest of the state more competitive for industry.

Lawmakers explained Amendment 11 like this: If an industry will invest at least $100 million on a site larger than 250 acres, local governments would be able to create a Tax Increment Financing Zone. That essentially means the industry would pay for its own incentives over time without sacrificing current tax revenues generated for roads, schools or public safety.

Battle called in a “win-win situation.”

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