Alabama § 41-7A-49 - (Repealed by Act 2023-546, § 9, Effective December 31, 2028, Unless Extended by Act of Legislature) Repeal of Incentives; Annual List of Qualified Production Companies Participating in Program.
Full text of Alabama Code of Alabama § 41-7A-49 — (Repealed by Act 2023-546, § 9, Effective December 31, 2028, Unless Extended by Act of Legislature) Repeal of Incentives; Annual List of Qualified Production Companies Participating in Program., with citation guidance and answers to common questions.
§ 41-7A-49. (Repealed by Act 2023-546, § 9, Effective December 31, 2028, Unless Extended by Act of Legislature) Repeal of Incentives; Annual List of Qualified Production Companies Participating in Program.
(a) This article, commencing with Section 41-7A-40, is repealed effective December 31, 2028, unless extended by an act of the Legislature. Prior to the repeal of the incentive, the Department of Commerce shall report to the Legislature beginning in 2023 and annually thereafter, regarding the entertainment industry incentives, in accordance with Section 40-1-50.
(b) The repealing of the incentives in subsection (a) shall only affect the availability of the tax credits after December 31, 2028, and shall not cause a reduction or suspension of any credits awarded on or prior to December 31, 2028.
(c) On an annual basis, the department shall furnish the Department of Commerce with a list of each qualified production company that has claimed the incentive under this article.
(1) The Department of Commerce shall use the information received under this subsection solely for the purposes of economic development planning and program evaluation.
(2) To ensure taxpayer confidentiality, all information shared under this section shall remain subject to the confidentiality provisions of Section 40-2A-10. The Department of Commerce shall implement safeguards to ensure that taxpayer information is not disclosed to unauthorized persons or entities.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 41-7A-49
What does Code of Alabama § 41-7A-49 cover?
Section 41-7A-49 ("(Repealed by Act 2023-546, § 9, Effective December 31, 2028, Unless Extended by Act of Legislature) Repeal of Incentives; Annual List of Qualified Production Companies Participating in Program.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 41-7A-49?
A common citation format is "Code of Alabama § 41-7A-49" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 41-7A-49 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.