SB473 Alabama 2014 Session
In Committee
Bill Summary
Sponsors
Session
Regular Session 2014
Title
Economic Development, entertain industry incentives, qualifed production project, qualified expenditure available for rebate or exemption increased, Sec. 41-7A-48, am'd; Act 2012-212, 2012 Reg. Sess., am'd
Description
Under existing law, certain tax rebates and sales, use, and lodging tax exemptions are available as economic incentives for qualified production companies in the entertainment industry that engage in qualified productions in the state
This bill would suspend the incentives for a period of two years with the incentives reinstated for the fiscal year beginning October 1, 2016
Relating to the Entertainment Industry Incentives Act of 2009; to amend Section 41-7A-48, Code of Alabama 1975, as amended by Act 2012-212 of the 2012 Regular Session, to suspend the incentives for a period of two years with the incentives reinstated for the fiscal year beginning October 1, 2016.
Subjects
Economic Development
Bill Actions
| Action Date | Chamber | Action |
|---|---|---|
| April 1, 2014 | S | Indefinitely Postponed |
| March 19, 2014 | S | Read for the second time and placed on the calendar |
| March 18, 2014 | S | Read for the first time and referred to the Senate committee on Finance and Taxation Education |
Bill Text
Bill Documents
| Type | Link |
|---|---|
| Bill Text | SB473 Alabama 2014 Session - Introduced |