HB 128

Taxation, to increase the market value threshold amount for which tangible personal property is exempt from state ad valorem taxation

Human fertility; to recognize the right of Alabamians to engage in contraception and assisted reproductive practices such as in vitro fertilization

Income Tax; to create the R&D Tax Credit Enhancement Act

Economic Development; small towns, programs established to fund businesses, reuse of properties, and other grants, administered by Alabama Department of Economic and Community Affairs; tax credit established

Establishes the Aerospace Export Safeguard and Innovation Act; creates Aerospace Export Resilience Grant Program; creates Advanced Materials and Components Security Grant Program; creates Aerospace Trade Monitoring Board

Referendum measures; authorize general laws and constitutional amendments to be initiated through public petition process

Alabama Board of Funeral Services; board authorized to impose administrative fee on funeral establishments for each funeral arranged; initial application, renewal, branch registration, and transfer fees relating to a certificate of authority increased; certificate holder required to file an annual statement of preneed activities conducted; board authorized to require certificate holder to file multiple preneed activity reports annually; and initial application and renewal fees for registration as a preneed sales agent increased

Taxation; Energy use in commercial greenhouses, pivot irrigation systems, and poultry houses, exempt from utility gross receipts and utility service use tax

Department of Commerce; Alabama Industrial Development Training Institute; references to applicable comprehensive statewide economic development strategic plan, revised; exemptions from state procurement law and contract review, provided

Small Craft Alcoholic Beverage Producers; licensing of small craft distilleries, small craft wineries, and small craft alcoholic beverage producers authorized

Alabama Business and Nonprofit Entities Code; revisions made to clarify procedures, make technical corrections, and codify common law

Municipalities; business license for certain businesses in the building trade provided for

Professions and businesses; licensure to engage in trade; provisions

Relating to Secretary of State annual reports, fees, and veteran-owned business logotypes

Establish licensing process, contract requirements for PBMs

An Act relating to the business of insurance; relating to exceptions to prohibited rebates; relating to the powers of the director of the division of insurance; relating to prohibited practices in the advertisement of insurance; and providing for an effective date.

Modifies provisions relating to licensing of certain professionals

Appropriations: department of licensing and regulatory affairs; appropriations for fiscal year 2026-2027; provide for