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  • Introduced
    Apr 04, 2023
  • Passed House
    Apr 13, 2023
  • Passed Senate
    Apr 20, 2023
  • Signed into Law
HB 241
Alabama House Bill
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Relating to the Alabama Jobs Act and the Growing Alabama Act; to amend Sections 40-18-370, 40-18-372, 40-18-374, 40-18-375, 40-18-376, 40-18-376.1, 40-18-376.2, 40-18-376.3, 40-18-376.4, 40-18-377, 40-18-378, 40-18-382, 40-18-383, 40-18-417.1, 40-18-417.2, 40-18-417.3, 40-18-417.4, 40-18-417.7, and 40-9B-4.1, Code of Alabama 1975, to extend the Alabama Jobs Act sunset date to July 31, 2028; to increase the annualized cap on outstanding Alabama Jobs Act incentives by twenty-five million dollars each year for five years up to four hundred seventy-five million dollars; to increase the investment tax credit transfer time to provide that the first five years of the investment credit may be transferred by the incentivized company and applied by another person or company under the Alabama Jobs Act; to extend the Growing Alabama Act sunset date to July 31, 2028, to increase the annual cap on funding approved pursuant to the Growing Alabama Act to thirty-five million dollars; to remove certain programs from the Growing Alabama Act for the transfer to Innovate Alabama.
Last Action See all actions
House • Apr 20, 2023: Enrolled
Latest Bill Text See all bill texts
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Official Summary/Bill Text

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Actions
  • Apr 20, 2023 | House
    • Enrolled
  • Apr 20, 2023 | Senate
    • On Third Reading in Second House
    • Read a Third Time and Pass
    • Ready to Enroll
  • Apr 20, 2023 | legislature
    • BIR470 for HB241, Passed by Second House
  • Apr 19, 2023 | Senate
    • Reported Favorably (Finance and Taxation Education)
    • Reported Out of Committee in Second House
    • Read Second Time in Second House
  • Apr 13, 2023 | Senate
    • Referred to Committee (Finance and Taxation Education)
  • Apr 13, 2023 | House
    • On Third Reading in House of Origin
    • Adopt
    • Read a Third Time and Pass
    • Add Cosponsor
    • Read First Time in Second House
  • Apr 13, 2023 | legislature
    • BIR470 for HB241, Passed by House of Origin
  • Apr 12, 2023 | House
    • AMD/SUB (Ways and Means Education)
    • Reported Favorably (Ways and Means Education)
    • Reported Out of Committee in House of Origin
    • Read Second Time in House of Origin
  • Apr 04, 2023 | House
    • Read First Time in House of Origin
    • Introduced and Referred (Ways and Means Education)