SB293 Alabama 2023 Session

Summary

Primary Sponsor

Garlan Gudger Senator

Republican

Session

Regular Session 2023

Title

Relating to the Entertainment Industry Incentive Act of 2009; to amend Sections 41-7A-40, 41-7A-41, 41-7A-42, 41-7A-43, 41-7A-45, and 41-7A-48, Code of Alabama 1975, to expand the incentive by renaming it the Film and Music Incentive Act of 2023, to allow for the inclusion of music and virtual reality as qualified production companies; to define a "historic location," and to increase the current cap of the incentive.

Description

Under existing law, certain state rebates and sales, use, and lodging tax exemptions are provided for qualified production companies in the entertainment industry working in efforts to attract the entertainment industry to Alabama.

This bill would amend the Entertainment Industry Incentive Act of 2009 to create the Film and Music Incentive Act of 2023. This bill would expand the entertainment rebate program offered under current law to offset certain production expenditures of qualified productions.

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Subjects

Entertainment Industry Incentive Act of 2009, to amend