The bill amends Sections 41-7A-1, 41-7A-42, and 41-7A-43 of the Code of Alabama 1975, transferring the authority to appoint the Director of the Alabama Film Office and determine their salary from the Governor to the secretary of the Alabama Department of Commerce. The new legal language specifies that the secretary will establish the director's salary, which must be approved by the Governor, while removing the previous salary cap of $48,000 and the requirement for cost-of-living adjustments. Additionally, the definition of "department" is updated to refer specifically to the Alabama Department of Commerce. The bill also clarifies definitions related to the entertainment industry, maintaining the existing rebate structure for production expenditures and outlining conditions for rebate eligibility for television series, miniseries, and commercials. Furthermore, the bill introduces a rebate program for qualified production companies in Alabama, specifically targeting music video production expenditures. A qualified production company can receive a rebate for expenditures incurred after the first $300,000 spent in Alabama, with a cap of $200,000 for expenses incurred thereafter, provided expenditures reach or exceed $50,000. The rebate can offset the company's income tax liability for the tax year in which the production concludes in Alabama, with any excess refunded to the company. The bill also states that the department and the Commissioner of the Department of Revenue and the office shall adopt necessary rules for implementation, with the act set to take effect on June 1, 2024.