Legislation
- Title
- Income Tax - Theatrical Production Tax Credit
- Sponsored by
- Delegate Ivey
- Status
- In the House - Hearing 2/25 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Allowing certain theatrical production entities to claim a credit against the State income tax for certain costs incurred for certain theatrical productions in the State; making the credit refundable under certain circumstances; requiring an entity to apply to the Department of Commerce to be a qualified theatrical production entity; requiring that to qualify for the credit certain estimated costs incurred in the State must exceed $100,000; applying the Act to taxable years beginning after December 31, 2019; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Committee Testimony
Details
History
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File Code
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Subjects
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Statutes
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(
2.5-109 )
(
10-751 )
Last Updated: 9/22/2020 2:24 PM