This bill creates an additional incentive program for small productions in Alabama, extends the review and evaluation deadline for the Entertainment.
This bill introduces an additional incentive program within the Alabama Entertainment Office, allowing small productions with expenditures between $100,000 and $499,999 to qualify for a rebate based on payroll paid to Alabama residents. It extends the deadline for the Department of Commerce to contract with an out-of-state entity to review and evaluate the incentives under the Entertainment Industry Incentive Act of 2009. The bill also clarifies the eligibility of compensation paid to loan-out companies for purposes of calculating the rebate.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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