Rural Hospital Investment Program established, tax credits for donations to rural hospitals authorized

The deadline for the first board meeting was shortened from three months to two months after the act's effective date.

A new definition for 'Third Party' was added to clarify that tax-exempt nonprofits can solicit and manage donations.

Two new board members representing business interests were added, appointed by the Business Council of Alabama.

Appointment rules were updated to require staggered terms for the new business representatives and to specify that vacancies for these members are filled by their respective appointing authorities.

Compensation rules were clarified, stating that legislative members receive standard compensation while non-legislative members serve without pay but can be reimbursed for expenses.

A quorum requirement of five members was established, and the board was authorized to meet electronically.

The definition of a 'Qualified Donor' was expanded to explicitly include third parties and organizations, not just individuals.

Clarified that subsequent appointments for business and hospital representatives serve four-year terms, whereas the previous version only defined initial term lengths.

Updated the reimbursement policy for non-legislative board members to allow reimbursement for necessary expenses according to appointing authority policies.

Minor formatting changes, including the bill number update from 6YWGJ13-2 to 6YWGJ13-3 and the transition from 'Engrossed' to 'Enrolled' status.