Under existing law, the Entertainment Industry Incentive Act of 2009 provides incentives for qualified production companies to engage in qualified productions by providing certain state rebates and sales, use, and lodging tax exemptions.
This bill would clarify the qualifying production expenditures for a television series or miniseries or single commercial.
This bill would extend the rebate to certain qualified productions.
This bill would allow rebates for the tax year in which the production activity concludes.
This bill would add the Alabama Film Office with the Department of Revenue regarding the promulgation of rules concerning the rebate.
This bill would require a production to expend $150,000 in a 12-month period on a single production to qualify for the tax exemptions.
This bill would require payment of the local portion of the sales, use, and lodging taxes.
This bill would provide maximum expended amounts beyond which rebates would not be allowed.
Source: Alabama Legislature