Hearing
Senate Fiscal Responsibility and Economic Development Hearing
Room 807 at 13:00:00
SB243 Alabama 2025 Session
Updated Jan 14, 2026
SB243 Alabama 2025 Session
Senate Bill
Expired
Current Status
2025 Regular Session
Session
1
Sponsor
Summary
- Primary Sponsor
-
April Weaver SenatorRepublican - Session
- 2025 Regular Session
- Title
- Economic development, references to outdated economic development plan and NAICS Codes updated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development corridors and grants as well as various tax abatements and incentives that include references to the now outdated Accelerate Alabama Strategic Economic Development Plan.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
Currently Indefinitely Postponed
S
Read for the Second Time and placed on the Calendar
S
Reported Out of Committee House of Origin
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
Calendar
Bill Text
Documents
Source: Alabama Legislature