HB373 Alabama 2025 Session

Summary

Primary Sponsor

Jamie Kiel Representative

Republican

Session

2025 Regular Session

Title

Alabama Film Office renamed, Entertainment Industry Incentive Act of 2009 amended, maximum expenditure threshold eligible for rebates increased, annual cap increased, unspent incentives carried forward

Description

This bill would rename the Alabama Film Office the Alabama Entertainment Office; allows music albums to be included as a qualified production; increases the maximum expenditure threshold eligible for a rebate; establishes a minimum spend threshold for musical albums to qualify for incentives; increases the annual cap for incentives; sets aside incentives for music albums until July 1 of each year; and allows up to three million dollars ($3,000,000) in unspent incentives to be carried forward each fiscal year, provided that the total amount carried over does not exceed three million dollars ($3,000,000).

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Subjects

Economic Development