Hearing
Senate Fiscal Responsibility and Economic Development Hearing
Finance and Taxation at 16:00:00
HB243 Alabama 2025 Session
Updated Jan 14, 2026
HB243 Alabama 2025 Session
House Bill
Enacted
Current Status
2025 Regular Session
Session
1
Sponsor
Summary
- Primary Sponsor
-
Andy Whitt RepresentativeRepublican - Session
- 2025 Regular Session
- Title
- To unabate a portion certain state ad valorem and construction related transaction taxes to deposit into the Alabama Development Fund.
- Description
Under existing law, the Tax Incentive Reform Act of 1992 provides for an abatement of noneducational ad valorem taxes and construction related transaction taxes with respect to certain private use industrial property and tangible personal property and taxable services incorporated into a private use industrial property.
This bill unabates a portion of state noneducational ad valorem taxes and state abated construction related transaction taxes pursuant to abatements granted on or after June 1, 2026, and requires the local tax collecting official and the Department of Revenue to collect the unabated portion and deposit the revenue into the Alabama Development Fund created herein.
This bill also requires the Department of Revenue to share information regarding the collection and performance of the tax abatements with the Department of Commerce.
- Subjects
- Taxation & Revenue
Bill Actions
H
Enacted
H
Delivered to Governor
H
Enacted
H
Delivered to Governor
H
Delivered to Governor
S
Signature Requested
H
Enrolled
H
Ready to Enroll
S
Motion to Read a Third Time and Pass - Adopted Roll Call 324
S
Third Reading in Second House
S
Read for the Second Time and placed on the Calendar
S
Reported Out of Committee Second House
S
Reported Out of Committee Second House
S
Pending Senate Fiscal Responsibility and Economic Development
S
Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development
H
Motion to Read a Third Time and Pass - Adopted Roll Call 141
H
Third Reading in House of Origin
H
Read for the Second Time and placed on the Calendar
H
Reported Out of Committee House of Origin
H
Pending House Economic Development and Tourism
H
Read for the first time and referred to the House Committee on Economic Development and Tourism
Calendar
Hearing
House Economic Development and Tourism Hearing
Room 123 at 16:00:00
Bill Text
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Votes
Motion to Read a Third Time and Pass - Roll Call 141
Yes
100
No
2
Absent
3
Third Reading in House of Origin
Yes
99
Absent
6
HBIR: Passed by House of Origin
Yes
99
Absent
6
Motion to Read a Third Time and Pass - Roll Call 324
Yes
27
Absent
7
Third Reading in Second House
Yes
27
Absent
7
SBIR: Passed by Second House
Yes
27
Absent
7
Documents
Bill Text (Enrolled)
HB243 Alabama 2025 Session - Enrolled
Bill Text (Introduced)
HB243 Alabama 2025 Session - Introduced
Fiscal Note
Fiscal Note - Introduced
Fiscal Note
Fiscal Note - Passed First Chamber
Source: Alabama Legislature