Hearing
Senate Fiscal Responsibility and Economic Development Hearing
Finance and Taxation at 13:45:00
HB393 Alabama 2026 Session
Updated Apr 17, 2026
High Interest
Summary
- Primary Sponsor
Kelvin LawrenceRepresentativeDemocrat- Session
- 2026 Regular Session
- Title
- Tax abatement and tax incentive programs, NAICS Code references and definitions updated to latest terms
- 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development corridors and grants as well as various tax abatements and incentives that include references to the now outdated Accelerate Alabama Strategic Economic Development Plan.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 update NAICS Codes used to classify business establishments by industry sector, bringing them in line with the latest updates released in 2022.
This bill would make nonsubstantive, technical revisions to update existing code language to current style.
- Subjects
- Taxation & Revenue
Bill Actions
H
Enacted
H
Enacted
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 1192
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
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
Engrossed
H
Motion to Read a Third Time and Pass as Amended - Adopted Roll Call 635
H
Motion to Adopt - Adopted Roll Call 634 RBEVRMM-1
H
Economic Development and Tourism Engrossed Substitute Offered RBEVRMM-1
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 from House Economic Development and Tourism RBEVRMM-1
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 15:00:00
Bill Text
Related News
Votes
Motion to Read a Third Time and Pass as Amended - Roll Call 635
Yes
93
Abstained
11
Absent
1
Motion to Adopt - Roll Call 634 RBEVRMM-1
Yes
95
Abstained
8
Absent
2
Third Reading in House of Origin
Yes
94
Abstained
9
Absent
2
HBIR: Passed by House of Origin
Yes
94
Abstained
9
Absent
2
Motion to Read a Third Time and Pass - Roll Call 1192
Yes
33
Absent
2
Third Reading in Second House
Yes
33
Absent
2
SBIR: Passed by Second House
Yes
33
Absent
2
Documents
Bill Text (Engrossed)
HB393 Alabama 2026 Session - Engrossed
Bill Text (Introduced)
HB393 Alabama 2026 Session - Introduced
Bill Text (Enrolled)
HB393 Alabama 2026 Session - Enrolled
Amendment
House Economic Development and Tourism Reported Out of Committee House of Origin
Fiscal Note
Fiscal Note - Introduced
Fiscal Note
Fiscal Note - Reported by First Chamber Committee
Fiscal Note
Fiscal Note - Passed First Chamber
Source: Alabama Legislature