Ala. Code § 41-7A-48: Limitations on Incentives.

(a) For the fiscal year ending September 30, 2015, through the fiscal year ending September 30, 2025, the aggregate cap of incentives granted under this article shall not exceed twenty million dollars ($20,000,000) for all qualified production companies. For the fiscal year ending September 30, 2026, and all subsequent fiscal years, the aggregate cap of incentives granted under this article shall not exceed twenty-two million dollars ($22,000,000) for all qualified production expenditures.

(b) For the fiscal year ending September 30, 2026, and all subsequent fiscal years, two million dollars ($2,000,000) of the amounts in subsection (a) shall be reserved for music albums. In the event applications are not received and incentives are not allocated for music albums by July 1 of each year, the funds may be used for rebates to other qualified production companies.

(c) Any unspent incentives under this article in a fiscal year shall be carried over to the following fiscal year, provided that the total amount carried over in any fiscal year does not exceed three million dollars ($3,000,000).

(d) In addition to any reporting required by existing law for this article, the Department of Commerce shall contract with an out-of-state entity to review and evaluate this program and report the findings to the Legislature by the 1st legislative day of the 2027 Regular Legislative Session.