Amend the Sweet Home Alabama Tourism Investment Act; increase supplemental tax rebate; require certification of project costs

SB 214 amends Alabama's Sweet Home Alabama Tourism Investment Act to clarify that a $2.5 million annual tax rebate is in addition to (not replacing) initial rebates for qualifying tourism projects. It requires approved companies to verify actual project costs through certification by an independent CPA, ensuring transparency in rebate claims. The bill directly affects tourism businesses - like resorts, theme parks, or historic district attractions - that seek tax rebates for qualifying projects with minimum private investments of $35-75 million. Key changes prevent misuse of funds by mandating verified cost documentation while maintaining the existing rebate structure for tourism development.