SB473 Alabama 2014 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2014
Title
Economic Development, entertain industry incentives, qualifed production project, qualified expenditure available for rebate or exemption increased, Sec. 41-7A-48, am'd; Act 2012-212, 2012 Reg. Sess., am'd
Description
<p class="bill_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</p><p class="bill_description">
This bill would suspend the incentives for a
period of two years with the incentives reinstated
for the fiscal year beginning October 1, 2016</p><p class="bill_entitled_an_act"> Relating to the Entertainment Industry Incentives
Act of 2009; to amend Section 41-7A-48, Code of Alabama 1975,
as amended by Act 2012-212 of the 2012 Regular Session, to
suspend the incentives for a period of two years with the
incentives reinstated for the fiscal year beginning October 1,
2016.
</p>
Subjects
Economic Development
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 1, 2014 | S | Indefinitely Postponed |
| March 19, 2014 | S | Read for the second time and placed on the calendar |
| March 18, 2014 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB473 Alabama 2014 Session - Introduced |