For the fiscal year ending September 30, 2009, the aggregate cap of incentives granted under this article shall not exceed five million dollars ($5,000,000) for all qualified production companies. For the fiscal year ending September 30, 2010, the aggregate cap of incentives granted under this article shall not exceed seven million five hundred thousand dollars ($7,500,000) for all qualified production companies. For fiscal years ending September 30, 2011, and September 30, 2012, the aggregate cap of incentives granted under this article shall not exceed ten million dollars ($10,000,000) for all qualified production companies. For the fiscal year ending September 30, 2013, the aggregate cap of incentives granted under this article shall not exceed fifteen million dollars ($15,000,000). For the fiscal year ending September 30, 2014, the aggregate cap of incentives granted under this article shall not exceed fifteen million dollars ($15,000,000) and for all subsequent fiscal years thereafter, the aggregate cap of incentives granted under this article shall not exceed twenty million dollars ($20,000,000) for all qualified production companies.
Structure Code of Alabama
Chapter 7A - Alabama Film Office.
Article 3 - Entertainment Industry Incentive Act of 2009.
Section 41-7A-40 - Short Title.
Section 41-7A-41 - Legislative Findings.
Section 41-7A-42 - Definitions.
Section 41-7A-43 - Rebates for Qualified Production Companies.
Section 41-7A-44 - Proprietary and Confidential Information.
Section 41-7A-45 - Tax Exemption - Qualifications.
Section 41-7A-46 - Tax Exemptions - Application; Issuance of Certificates; Reporting Requirements.