File Code: Taxes - Income
Crossfiled with: HOUSE BILL 908  
- Sponsored By: 
 - 
Senators Kasemeyer, Brinkley, Currie, DeGrange, Della, Edwards, Garagiola,
Jones, King, Kittleman, Klausmeier, Kramer, Madaleno, McFadden, Middleton,
Munson, Peters, Pugh, Robey, and Stone
 
- Entitled: 
 - 
Income Tax - Film Production Activity Credit
 
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 the estimated total direct costs incurred in
the State exceed $500,000; providing that the total direct costs may
not include wages that exceed $1,000,000; applying the Act to taxable
years beginning after 2008; etc.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
Senate Action
- 2/6
 - First Reading Budget and Taxation
 - 2/27
 - Hearing 3/11 at 1:00 p.m.
 
House Action
- No Action
 
Sponsored by:
- Senator Edward J. Kasemeyer, District 12
 - Senator David R. Brinkley, District 4
 - Senator Ulysses Currie, District 25
 - Senator James E. DeGrange, Sr., District 32
 - Senator George W. Della, Jr., District 46
 - Senator George C. Edwards, District 1
 - Senator Rob Garagiola, District 15
 - Senator Verna L. Jones, District 44
 - Senator Nancy J. King, District 39
 - Senator Allan H. Kittleman, District 9
 - Senator Katherine Klausmeier, District 8
 - Senator Rona E. Kramer, District 14
 - Senator Richard S. Madaleno, Jr., District 18
 - Senator Nathaniel J. McFadden, District 45
 - Senator Thomas M. Middleton, District 28
 - Senator Donald F. Munson, District 2
 - Senator Douglas J. J. Peters, District 23
 - Senator Catherine E. Pugh, District 40
 - Senator James N. Robey, District 13
 - Senator Norman R. Stone, Jr., District 6
 
Bill indexed under the following Subjects:
- Art, Music and Cultural Affairs -see also- Museums; Theaters
 - Auditors and Audits
 - Business and Economic Development, Department of
 - Commerce and Business -see also- Dealers; Elec. Comm.; etc
 - Comptroller
 - Grants
 - 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
 
Bill affects the following Statutes:
-   Economic Development
 - (
 4-401 ,
 4-402 ,
 4-403 ,
 4-404 ,
 4-405 ,
 4-406 ,
 4-407 
)
 -   Tax - General
 - (
 10-728 
)
 
- Bill Text (Displayed in PDF Format):
 First Reading,
Third Reading, Enrolled
 - Fiscal and Policy Note (Displayed in PDF Format):
 Available
 - Amendments:
None offered