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---
type: "Bill"
title: "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."
description: "Alabama Innovation Corporation, renamed, residency requirements to qualify for certain incentives revised, Innovating Alabama tax credit program created"
jurisdiction: "us/states/al"
legislature: "Alabama Legislature"
session: "2023rs"
identifier: "HB 247"
citation: "Alabama HB 247 (2023rs)"
classification: ["bill"]
subjects: ["Alabama Innovation Corporation"]
status: "enacted"
primary_sponsors: ["Anthony Daniels"]
version_count: 3
action_count: 19
vote_count: 3
first_action: "2023-04-04T04:00:00+00:00"
last_action: "2023-04-20T18:15:00+00:00"
source: "openstates"
source_identifier: "ocd-bill/8bc6cee0-9543-4f79-8295-773cb69e1fd8"
source_url: "https://alison.legislature.state.al.us/bill-search"
source_hash: "151bfaba16597bb190e5f993a04d0dafb883c69ee4b3b3d7b45af96a0f84af35"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-al"]
---
# Alabama HB 247 (2023rs) — 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.
Alabama Innovation Corporation, renamed, residency requirements to qualify for certain incentives revised, Innovating Alabama tax credit program created
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Introduced** (filed) — [source](https://www.legislature.state.al.us/pdf/SearchableInstruments/2023RS/HB247-int.pdf)
2. **Act 2023-33** (committee substitute) — [source](http://arc-sos.state.al.us/ucp/L1241846.AI1.pdf)
3. **Enrolled** (enrolled) — [source](https://www.legislature.state.al.us/pdf/SearchableInstruments/2023RS/HB247-enr.pdf)
## Votes
- Roll of the H for Vote 219 on HB247 (2023 Regular Session) — **1000** (pass) · lower
- Roll of the H for Vote 218 on HB247 (2023 Regular Session) — **1050** (pass) · lower
- Roll of the S for Vote 305 on HB247 (2023 Regular Session) — **340** (pass) · upper
## Sponsors
- Anthony Daniels — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2023-04-20T04:00:00+00:00** Enrolled
- **2023-04-20T04:00:00+00:00** Ready to Enroll
- **2023-04-20T04:00:00+00:00** Read a Third Time and Pass `passage`
- **2023-04-20T04:00:00+00:00** Read a Third Time and Pass `passage`
- **2023-04-20T04:00:00+00:00** On Third Reading in Second House
- **2023-04-19T04:00:00+00:00** Read Second Time in Second House
- **2023-04-19T04:00:00+00:00** Reported Out of Committee in Second House
- **2023-04-19T04:00:00+00:00** Reported Favorably (Finance and Taxation Education) `committee-passage`
- **2023-04-13T04:00:00+00:00** Referred to Committee (Finance and Taxation Education) `referral-committee`
- **2023-04-13T04:00:00+00:00** Read First Time in Second House `reading-1`
- **2023-04-13T04:00:00+00:00** Add Cosponsor
- **2023-04-13T04:00:00+00:00** Read a Third Time and Pass `passage`
- **2023-04-13T04:00:00+00:00** On Third Reading in House of Origin
- **2023-04-12T04:00:00+00:00** Read Second Time in House of Origin
- **2023-04-12T04:00:00+00:00** Reported Out of Committee in House of Origin
- **2023-04-12T04:00:00+00:00** Reported Favorably (Ways and Means Education) `committee-passage`
- **2023-04-04T04:00:00+00:00** Introduced and Referred (Ways and Means Education) `introduction, referral`
- **2023-04-04T04:00:00+00:00** Read First Time in House of Origin `reading-1`
- **2023-04-20T18:15:00+00:00** Enacted as 2023-33 `became-law`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/8bc6cee0-9543-4f79-8295-773cb69e1fd8`. Confidence: reported (aggregated from official Alabama legislature records).