SB214 amends the Sweet Home Alabama Tourism Investment Act to clarify supplemental tax rebates and require certification of project costs.

SB214 amends the Sweet Home Alabama Tourism Investment Act to clarify that the annual one-time $2,500,000 award is supplemental to the initial award. It also requires approved companies to document actual project costs through certification by an independent certified public accountant. Qualifying projects include tourism attractions, resorts, and destination attractions with a minimum private investment of $35,000,000. The Alabama Tourism Advisory Board reviews and approves projects for tax rebates.

SB214 amends the Sweet Home Alabama Tourism Investment Act to clarify supplemental tax rebates and require certification of project costs.

SB214 amends the Sweet Home Alabama Tourism Investment Act to clarify that the annual one-time $2,500,000 award is supplemental to the initial award. It also requires approved companies to document actual project costs through certification by an independent certified public accountant. Qualifying projects include tourism attractions, resorts, and destination attractions with a minimum private investment of $35,000,000. The Alabama Tourism Advisory Board reviews and approves projects for tax rebates.