Legislation

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:: Budget and Taxation Click to view Recorded Media

Committee Testimony

Witness List

Details

Cross-filed with: HB1192

Bill File Type: Regular

Effective Date(s): July 1, 2020

History

Legislation History
Chamber Senate Calendar Date 1/31/2020 Legislative Date 1/31/2020 Action First Reading Budget and Taxation Proceedings
Chamber Senate Calendar Date 1/31/2020 Legislative Date 1/31/2020 Action Hearing 2/19 at 2:00 p.m. Proceedings
Chamber Calendar Date Legislative Date Action Text - First - Income Tax - Theatrical Production Tax Credit Proceedings
Chamber Senate Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing canceled Proceedings
Chamber Senate Calendar Date 2/10/2020 Legislative Date 2/10/2020 Action Hearing 2/19 at 1:00 p.m. Proceedings

Chamber	Calendar Date	Legislative Date	Action
Senate	1/31/2020	1/31/2020	First Reading Budget and Taxation
Senate	1/31/2020	1/31/2020	Hearing 2/19 at 2:00 p.m.
			Text - First - Income Tax - Theatrical Production Tax Credit
Senate	2/10/2020	2/10/2020	Hearing canceled
Senate	2/10/2020	2/10/2020	Hearing 2/19 at 1:00 p.m.

File Code

Subjects

Statutes