2010 Regular Session

SENATE BILL 98

File Code: Taxes - Income Prior Year Introduction As: SB 596/09 - B&T
Sponsored By:
Senator Mooney
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 must 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.
Senate Action
1/14
First Reading Budget and Taxation
1/20
Hearing 2/2 at 1:00 p.m.
1/26
Hearing cancelled
Hearing 2/2 at 1:30 p.m.
House Action
No Action

Bill indexed under the following Subjects:

Art, Music and Cultural Affairs -see also- Museums; Theaters
Auditors and Audits
Business and Economic Development, Department of
Comptroller
Grants
Income Tax
Motion Pictures
Notices
Reports
Rules and Regulations
Tax Credits -see also- Circuit Breaker

Bill affects the following Statutes:

Economic Development
( 4-401 )
Tax - General
( 10-728 )

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