This bill would create an additional incentive program within the Alabama Entertainment Office by allowing small productions with production expenditures of $100,000-$499,999 to qualify for an incentive rebate for 45 percent of all production payroll paid to residents of Alabama. This bill would extend the deadline for the Department of Commerce to contract with an out-of-state entity to review and evaluate incentives as prescribed by the Entertainment Industry Incentive Act of 2009 and report the findings to the Legislature on the 1st legislative day of the 2028 Regular Legislative Session. This bill would also clarify requirements for including compensation paid to loan out companies for purposes of calculating the rebate under Section 41-7A-43.

Statutes affected:
Introduced: 41-7A-42, 41-7A-43, 41-7A-46, 41-7A-47, 41-7A-48, 41-7A-49