Alabama Film Office renamed, Entertainment Industry Incentive Act of 2009 amended, maximum expenditure threshold eligible for rebates increased, annual cap increased, unspent incentives carried forward

HB 373 renames the Alabama Film Office to the Alabama Entertainment Office and updates the state's entertainment incentive program. It increases the maximum spending threshold for rebate eligibility, adds music albums as qualified productions with minimum spending requirements, and raises the annual cap on incentives. The bill also allocates a portion of annual incentives specifically for music albums and allows unspent incentives to carry forward to future years. These changes directly affect entertainment companies producing films, TV shows, and music albums in Alabama seeking tax rebates for qualified production spending.