- (a) Commerce will review applications for approval. If Commerce approves an application, it will forward the application to the Renewal of Alabama Commission.
- (b) Applications are reviewed by the Renewal of Alabama Commission pursuant to procedures adopted by the Renewal of Alabama Commission.
- (c) Applications that are approved by the Renewal of Alabama Commission shall be returned to Commerce for entry into a Growing Alabama Funding Agreement. Commerce shall prescribe the form of Growing Alabama Funding Agreement and may amend the same from time to time.
- (d) Each Growing Alabama Funding Agreement shall include a provision regarding recapture of all or part of the Growing Alabama funding approved by the Renewal of Alabama Commission should the applicant default on its obligations in the Growing Alabama Funding Agreement.
- (e) Upon execution and delivery of a Growing Alabama Funding Agreement by all parties thereto, Commerce will provide a copy of the Growing Alabama Funding Agreement to Revenue And Ala. Tourism Dept/Ala. Film Office) together with such information as is necessary or convenient for Revenue to administer the online system mandated by the Act.
Author: Department of Commerce
Statutory Authority: Code of Ala. 1975. §§40-18-412, 40-18-415(f).
History: New Rule: Filed February 2, 2017; effective March 19, 2017. Amended: Published October 31, 2025; effective December 15, 2025.