SB290 Alabama 2012 Session
Updated Jul 25, 2021
SB290 Alabama 2012 Session
Senate Bill
Expired
Current Status
Regular Session 2012
Session
1
Sponsor
Summary
- Primary Sponsor
-
Gerald O. DialRepublican - Session
- Regular Session 2012
- Title
- Economic Development, entertain industry incentives, qualifed production project, qualified expenditure available for rebate or exemption increased, Sec. 41-7A-43, 41-7A-48, am'd; Act 2011-695, 2011 Reg. Sess., am'd
- Description
Under existing law, certain tax rebates and sales, use, and lodging tax exemptions are available as economic incentives for qualified production companies in the entertainment industry that engage in qualified productions in the state.
This bill would increase the maximum amount of production costs a qualified project could expend and still be eligible to receive a rebate.
This bill would increase the annual cap for incentives allowed during any fiscal year.
- Subjects
- Economic Development
Bill Actions
Read for the first time and referred to the Senate committee on Finance and Taxation General Fund
Bill Text
Documents
Source: Alabama Legislature