Economic development, references to outdated economic development plan and North American Industry Classification System Codes updated
HB 435 updates several state laws related to economic development, research and development corridors, and tax abatements. The bill removes outdated references to the "Accelerate Alabama Strategic Economic Development Plan" and aligns relevant sections with the provisions of the "Alabama Jobs Act." Additionally, it updates the North American Industry Classification System (NAICS) Codes, used to classify businesses by industry sector, from the 2012 version to the latest 2022 release. These changes aim to modernize the state's economic development framework and business classification standards.
Bill status
passed
3 of 5 stages cleared
Introduction
Mar 2025
Committee Review
May 2025
House Passage
Apr 2025
Senate Passage
Governor
Introduced Mar 18, 2025
Last action May 6, 2025
Floor votes
How they voted
This bill passed the House by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
10
Key actions
5
Committee
4
May 6, 2025
Upper · Passed
Reported Out of Committee Second House
upper
May 1, 2025
Upper · Passed
Pending Committee Action in Second House (Fiscal Responsibility and Economic Development)
upper
Apr 29, 2025
Lower · Passed
Motion to Read a Third Time and Pass - Adopted Roll Call 1085
lower
Apr 9, 2025
Lower · Passed
Reported Out of Committee House of Origin
lower
Mar 18, 2025
Lower · Passed
Pending Committee Action in House of Origin (Commerce and Small Business)
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Andy Whitt
RRepublican
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