Loading chat...

AL SB243

Bill

Status

Introduced

3/18/2025

Primary Sponsor

April Weaver

Click for details

Origin

Senate

2025 Regular Session

AI Summary

  • Removes references to the outdated Accelerate Alabama Strategic Economic Development Plan from Sections 11-66A-2, 40-9B-3, 40-9G-1, 40-18-372, and 41-23-252 of the Code of Alabama 1975.

  • 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.

  • Aligns relevant sections with provisions of the Alabama Jobs Act by removing specific language referencing the outdated 2012 strategic economic development plan.

  • Updates constitutional references from the Constitution of Alabama of 1901 to 2022 in the definition of education taxes.

  • 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Economic development, references to outdated economic development plan and NAICS Codes updated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

Committee Referrals

Fiscal Responsibility and Economic Development3/18/2025

Full Bill Text

No bill text available