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Committee adopts amendment to expand entertainment tax credit, adds funding for music production
Summary
The House Ways and Means Education Committee adopted an amendment to a bill that renames the state's film office and reallocates $2 million to support music production credits, lowering the bill's overall cap to $22 million and giving the measure a favorable committee report.
The House Ways and Means Education Committee on Tuesday adopted an amendment to Senate Bill 177 that renames the state's film office and reallocates $2 million to music production credits, then gave the amended bill a favorable committee report.
Sen. Lance Bail, sponsor of the measure, told the committee the change includes "an increase having $2,000,000 for the entertainment, change in the name of the film office," and said the amendment moves funds specifically to music production. The committee 'led by Chairman Garrett 'approved the amendment and then recommended the amended bill favorably.
Why it matters: supporters said the shift aims to make Alabama more competitive with other states that have captured film and music production work. Committee members and Commerce…
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