# Alabama HB243: To unabate a portion certain state ad valorem and construction related transaction taxes to deposit into the Alabama Development Fund. Alabama HB243, To unabate a portion certain state ad valorem and construction related transaction taxes to deposit into the Alabama Development Fund., is a 2025 Regular Session House bill sponsored by Andy Whitt (Republican); status enacted, last action 2025-03-19 (Delivered to Governor) (as of 2026-10-19). - Canonical: https://policyrisk.com/state-bill/AL-HB243-2025rs - As of: 2026-10-19 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Alabama HB243 - State: Alabama - Session: 2025 Regular Session - Title: To unabate a portion certain state ad valorem and construction related transaction taxes to deposit into the Alabama Development Fund. - Status: enacted - Chamber: House - Introduced: 2025-02-11 - Last action: 2025-03-19, Delivered to Governor - Sponsor: Andy Whitt (Republican) - Cosponsors: 1 - Subjects: Taxation & Revenue - Touches household money: no - Roll calls: 4 (253 yes, 2 no in all) - Economic provisions PRIA read: 3 ## Summary No summary available. ## Bill overview: provisions PRIA read - Alabama creates dedicated economic development fund: benefit, low. Beginning October 1, 2025, the law creates the Alabama Development Fund, managed by the Department of Commerce. It receives taxes collected under this law and can accept legislative funding, gifts, grants, contributions, and other designated money. General Fund money, Education Trust Fund money, an… - Alabama shares business tax-break records securely: benefit, low. Beginning June 1, 2026, Revenue must share covered business tax-abatement records with Commerce. These include applications, resolutions, agreements, and amendments under Sections 40-9B-4 or 40-9G-2. Commerce can use them only for economic development planning and program review. Taxpayer records r… - Smaller tax breaks for qualifying businesses: cost, low. Businesses receiving tax abatements under Sections 40-9B-4 or 40-9G-2 starting June 1, 2026, must pay some previously waived taxes. During the exemption period, they must pay 1.0 mill of state noneducation property tax. A 0.75% state construction-related transaction tax rate also applies to covered… ## Sponsors and cosponsors - Sponsor: Andy Whitt (Republican), House - Cosponsor: Patrick Sellers (Democratic), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-03-18 | Senate | Third Reading in Second House | pass | 27 | 0 | | | 2025-03-18 | Senate | Motion to Read a Third Time and Pass - Adopted Roll Call 324 | pass | 27 | 0 | | | 2025-02-13 | House | Motion to Read a Third Time and Pass - Adopted Roll Call 141 | pass | 100 | 2 | | | 2025-02-13 | House | Third Reading in House of Origin | pass | 99 | 0 | | ## Actions (20) - 2025-04-03: Enacted (House) - 2025-03-19: Signature Requested (Senate) - 2025-03-19: Delivered to Governor (House) - 2025-03-19: Delivered to Governor (House) - 2025-03-19: Delivered to Governor (House) - 2025-03-18: Third Reading in Second House (Senate) - 2025-03-18: Motion to Read a Third Time and Pass - Adopted Roll Call 324 (Senate) - 2025-03-18: Ready to Enroll (House) - 2025-03-18: Enrolled (House) - 2025-02-20: Read for the Second Time and placed on the Calendar (Senate) - 2025-02-19: Reported Out of Committee Second House (Senate) - 2025-02-19: Reported Out of Committee Second House (Senate) - 2025-02-18: Read for the first time and referred to the Senate Committee on Fiscal Responsibility and Economic Development (Senate) - 2025-02-18: Pending Committee Action in Second House (Senate) - 2025-02-13: Third Reading in House of Origin (House) - 2025-02-13: Motion to Read a Third Time and Pass - Adopted Roll Call 141 (House) - 2025-02-12: Reported Out of Committee House of Origin (House) - 2025-02-12: Read for the Second Time and placed on the Calendar (House) - 2025-02-11: Read for the first time and referred to the House Committee on Economic Development and Tourism (House) - 2025-02-11: Pending Committee Action in House of Origin (House) ## Bill text - As Introduced: [PDF](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2025RS/HB243-int.pdf) - Enrolled: [PDF](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2025RS/HB243-enr.pdf) ## Related bills - HB52: Income Taxes; to make technical changes to the funding provisions of the CHOOSE Act credits and increase funding, and to extend the sunset date for deductions… (enacted) - SB331: Barbour County, compensation of the judge of probate further provided for (enacted) - SB102: Medicaid; providing presumptive eligibility to pregnant women (enacted) - HB445: Cannabinoids found in hemp; licensure and regulation of sale of consumable cannabinoid products by Alcoholic Beverage Control Board imposed (enacted) - HB357: Tobacco products, heated tobacco product definition and tax provided for (enacted) - HB349: Russell County; sheriff, salary further provided (enacted) ## Sources - [As Introduced (PDF)](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2025RS/HB243-int.pdf) - [Enrolled (PDF)](https://alison.legislature.state.al.us/files/pdf/SearchableInstruments/2025RS/HB243-enr.pdf) ## Related - [HB52: Income Taxes; to make technical changes to the funding provisions of the CHOOSE…](https://policyrisk.com/state-bill/AL-HB52-2025rs) - [SB331: Barbour County, compensation of the judge of probate further provided for](https://policyrisk.com/state-bill/AL-SB331-2025rs) - [SB102: Medicaid; providing presumptive eligibility to pregnant women](https://policyrisk.com/state-bill/AL-SB102-2025rs) - [HB445: Cannabinoids found in hemp; licensure and regulation of sale of consumable cann…](https://policyrisk.com/state-bill/AL-HB445-2025rs) - [HB357: Tobacco products, heated tobacco product definition and tax provided for](https://policyrisk.com/state-bill/AL-HB357-2025rs) - [HB349: Russell County; sheriff, salary further provided](https://policyrisk.com/state-bill/AL-HB349-2025rs) - [Alabama bills](https://policyrisk.com/states/alabama/bills) - [Alabama state hub](https://policyrisk.com/states/alabama) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/AL-HB243-2025rs (as of 2026-10-19).