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AL SB243
Bill
Status
3/18/2025
Primary Sponsor
April Weaver
Click for details
AI Summary
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Removes references to the outdated Accelerate Alabama Strategic Economic Development Plan from Sections 11-66A-2, 40-9B-3, 40-9G-1, 40-18-372, and 41-23-252 of the Code of Alabama 1975.
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Updates all references to North American Industry Classification System (NAICS) Codes from the 2012 version to the 2022 version for classifying business establishments by industry sector.
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Aligns relevant sections with provisions of the Alabama Jobs Act by removing specific language referencing the outdated 2012 strategic economic development plan.
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Updates constitutional references from the Constitution of Alabama of 1901 to 2022 in the definition of education taxes.
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Effective date: June 1, 2025.
Legislative Description
Economic development, references to outdated economic development plan and NAICS Codes updated
Economic Development
Last Action
Currently Indefinitely Postponed
5/6/2025