SR43 Alabama 2023 Session

Summary

Primary Sponsor

J.T. WaggonerSenator

Republican

Session

Regular Session 2023

Title

SPECIAL ORDER CALENDAR

Summary

SR43 designates HB241 and HB247 as the special, priority bills to be considered on the 13th legislative day.

What This Bill Does

It designates HB241 and HB247 as the special order of business, taking precedence over all other matters until disposed of for the 13th legislative day. HB241 would enact the Enhancing Economic Progress Act and extend incentives from the Alabama Jobs Act and Growing Alabama Act, including increasing the annual cap on those incentives. HB247 would rename the Alabama Innovation Corporation, revise residency requirements to qualify for incentives, and create the Innovating Alabama tax credit program.

Who It Affects

• Businesses and employers that participate in or rely on the Alabama Jobs Act, Growing Alabama Act, and related incentives (they would be affected by extended incentives and a higher annual cap).
• Organizations and individuals involved with the Alabama Innovation Corporation and incentive programs who would be impacted by the name change, revised residency requirements, and the new Innovating Alabama tax credit program.

Key Provisions

• HB241: Enacts the Enhancing Economic Progress Act, extends Alabama Jobs Act and Growing Alabama Act incentives, and increases the annual cap on those incentives.
• HB247: Renames the Alabama Innovation Corporation, revises residency requirements to qualify for certain incentives, and creates the Innovating Alabama tax credit program.

AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.