HB686 Alabama 2015 Session

Updated Jul 24, 2021

Summary

Primary Sponsor: Richard Lindsey
Democrat
Session: Regular Session 2015
Title: Production companies, rebates for production expenditures which equal or exceed at least $500,000 from date or production approval, Sec. 41-7A-43 am'd.
Description: Under existing law, a qualified production company shall be entitled to a certain rebate for production expenditures.
This bill would allow a qualified production company to claim tax rebate for production expenditures for projects which equal or exceed at least five hundred thousand dollars ($500,000) within 12 months from the date that the production is approved as a qualified production.
Subjects: Taxation

Read for the first time and referred to the House of Representatives committee on Economic Development and Tourism