2011 Regular Session

HOUSE BILL 1148

File Code: Taxes - Income Crossfiled with: SENATE BILL 672
Sponsored By:
Delegates Griffith, Hixson, Howard, James, Summers, Vaughn, and Walker
Entitled:
Income Tax - Film Production Activity Credit

Synopsis:

Allowing a qualified film production entity to claim a credit against the State income tax for specified costs incurred for film production activities; repealing the Film Production Rebate Program; requiring the Department of Business and Economic Development to administer the credit; requiring that to be eligible for the rebate, the film production company incur total direct costs exceeding $500,000; providing that the total direct costs may not include individual wages that exceed $1,000,000; etc.

History by Legislative and Calendar Date

Legislative date is used to record history occurring in the Chambers otherwise Calendar date is used.
House Action
2/14
First Reading House Rules and Executive Nominations
2/28
Re-referred Ways and Means & Economic Matters
3/2
Hearing 3/17 at 1:00 p.m. (Ways and Means)
Senate Action
No Action

Sponsored by:

Delegate Melony G. Griffith, District 25
Delegate Sheila E. Hixson, District 20
Delegate Carolyn J. B. Howard, District 24
Delegate Mary-Dulany James, District 34A
Delegate Michael G. Summers, District 47
Delegate Michael L. Vaughn, District 24
Delegate Jay Walker, District 26

Bill indexed under the following Subjects:

Art, Music and Cultural Affairs -see also- Musms; Theat; etc
Auditors and Audits
Business and Economic Development, Department of
Comptroller
Income Tax
Motion Pictures
Notices
Reports
Revenue and Taxes -see also- Dev Fees & Taxes; specific tax.
Rules and Regulations
Tax Credits -see also- Circuit Breaker
Video

Bill affects the following Statutes:

Economic Development
( 4-401 , 4-402 , 4-403 , 4-404 , 4-405 , 4-406 , 4-407 )
Tax - General
( 10-729 )

Documents

All documents except Roll Call Votes are displayed in PDF format:
Bill Text: First Reading, Third Reading, Enrolled
Fiscal and Policy Note: Available
Amendments: None offered