HB 247

  • Alabama House Bill
  • 2023 Regular Session
  • Introduced in House Apr 04, 2023
  • Passed House Apr 13, 2023
  • Passed Senate Apr 20, 2023
  • Became Law Apr 20, 2023

Relating to economic development; to amend Sections 41-10-802 and 41-10-822, Code of Alabama 1975, to provide for a name change for the Alabama Innovation Corporation and revise the residency requirements for certain grant recipients; to amend Section 41-10-805, Code of Alabama 1975, relating to the Board of Directors of the Alabama Innovation Corporation, to make conforming changes to accurately cite the Code of Alabama 1975; and to add a new Article 22, commencing with Section 41-10-840, to Chapter 10 of Title 41, Code of Alabama 1975, to reestablish the technology accelerator tax credit program and the underrepresented company tax credit program as the Innovating Alabama tax credit program; and to exempt working groups, task forces, and subcommittees of the Alabama Innovation Corporation from the Alabama Open Meetings Act.

Abstract

Alabama Innovation Corporation, renamed, residency requirements to qualify for certain incentives revised, Innovating Alabama tax credit program created

Bill Sponsors (1)

Votes


Actions


Apr 20, 2023

Office of the Governor

Enacted as 2023-33

Apr 20, 2023

Senate

Ready to Enroll

Senate

Read a Third Time and Pass

Senate

Read a Third Time and Pass

Senate

On Third Reading in Second House

House

Enrolled

Apr 19, 2023

Senate

Reported Out of Committee in Second House

Senate

Reported Favorably (Finance and Taxation Education)

Senate

Read Second Time in Second House

Apr 13, 2023

House

Read First Time in Second House

House

Add Cosponsor

House

Read a Third Time and Pass

House

On Third Reading in House of Origin

Senate

Referred to Committee (Finance and Taxation Education)

Apr 12, 2023

House

Reported Out of Committee in House of Origin

House

Reported Favorably (Ways and Means Education)

House

Read Second Time in House of Origin

Apr 04, 2023

House

Introduced and Referred (Ways and Means Education)

House

Read First Time in House of Origin

Bill Text

Bill Text Versions Format
Introduced PDF
Enrolled PDF
Act 2023-33 PDF

Related Documents

Document Format
Fiscal Note: As Introduced PDF
Fiscal Note: As Passed First Chamber PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Alabama Legislature.

If you notice any inconsistencies with these official sources, feel free to file an issue.