Hearing
Senate Fiscal Responsibility and Economic Development Hearing
Finance and Taxation at 13:30:00
HB435 Alabama 2025 Session
Updated Jan 14, 2026
HB435 Alabama 2025 Session
House Bill
In Committee
Current Status
2025 Regular Session
Session
1
Sponsor
Summary
- Primary Sponsor
-
Andy Whitt RepresentativeRepublican - Session
- 2025 Regular Session
- Title
- Economic development, references to outdated economic development plan and North American Industry Classification System Codes updated
- Description
Under existing law, the state has established research and development corridors and grants as well as various tax abatements and incentives that include references to the now outdated Accelerate Alabama Strategic Economic Development Plan. These laws also include references to the 2012 North American Industry Classification System (NAICS) Codes used to classify business establishments by industry sector.
This bill would remove references to the Accelerate Alabama Strategic Economic Development Plan and align relevant sections with the provisions of the Alabama Jobs Act.
This bill would also update NAICS Codes used to classify business establishments by industry sector, bringing them in line with the latest updates released in 2022.
- Subjects
- Economic Development
Bill Actions
S
Read for the Second Time and placed on the Calendar
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 1085
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 Commerce and Small Business
H
Read for the first time and referred to the House Committee on Commerce and Small Business
Calendar
Hearing
House Commerce and Small Business Hearing
Room 418 at 15:00:00
Bill Text
Votes
Motion to Read a Third Time and Pass - Roll Call 1085
Yes
101
Absent
2
Third Reading in House of Origin
Yes
101
Absent
2
HBIR: Passed by House of Origin
Yes
101
Absent
2
Documents
Bill Text (Introduced)
HB435 Alabama 2025 Session - Introduced
Fiscal Note
Fiscal Note - Introduced
Fiscal Note
Fiscal Note - Passed First Chamber
Source: Alabama Legislature