Legislation

Title: Income Tax - Film Production Activity Tax Credit
Sponsored by: Senators Kasemeyer, Madaleno, Currie, DeGrange, Ferguson, Guzzone, King, Manno, McFadden, Peters, and Klausmeier
Status: Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 486
Analysis: Fiscal and Policy Note (Revised)

Synopsis

Repealing specified termination provisions for the tax credit allowed for specified film production activities; limiting the amount of film production activity tax credit certificates that the Secretary of Business and Economic Development may issue in fiscal years 2015 and 2016 to $7,500,000; establishing the Maryland Film Production Activity Tax Credit Reserve Fund; stating the intent of the General Assembly that the Governor include an appropriation to the Reserve Fund in the annual budget bill; etc.

Committees

Original:: Budget and Taxation Click to view Recorded Media

Opposite:: Ways and Means Click to view Recorded Media

Details

Cross-filed with: HB0753

Bill File Type: Regular

Effective Date(s): July 1, 2015

History

Legislation History
Chamber Senate Calendar Date 3/04/2015 Legislative Date 3/05/2015 Action First Reading Senate Rules Proceedings
Chamber Senate Calendar Date 3/13/2015 Legislative Date 3/16/2015 Action Rereferred to Budget and Taxation Proceedings
Chamber Senate Calendar Date 3/18/2015 Legislative Date 3/18/2015 Action Hearing 3/24 at 1:00 p.m. Proceedings
Chamber Senate Calendar Date 3/20/2015 Legislative Date 3/20/2015 Action Hearing cancelled Proceedings
Chamber Senate Calendar Date 3/20/2015 Legislative Date 3/20/2015 Action Hearing 3/24 at 1:30 p.m. Proceedings
Chamber Senate Calendar Date 4/03/2015 Legislative Date 4/06/2015 Action Favorable with Amendments Report by Budget and Taxation Proceedings
Chamber Senate Calendar Date 4/06/2015 Legislative Date 3/30/2015 Action Favorable with Amendments {469239/1 Proceedings 57
Chamber Senate Calendar Date 4/06/2015 Legislative Date 3/30/2015 Action Committee Amendment Adopted Proceedings 57
Chamber Senate Calendar Date 4/06/2015 Legislative Date 3/30/2015 Action Special Order until 4/8 (Senator Guzzone) Adopted Proceedings 57
Chamber Senate Calendar Date 4/08/2015 Legislative Date 4/01/2015 Action Favorable with Amendments Report Adopted Proceedings 59
Chamber Senate Calendar Date 4/08/2015 Legislative Date 4/01/2015 Action Floor Committee Amendment {949133/1 Adopted Proceedings 59
Chamber Senate Calendar Date 4/08/2015 Legislative Date 4/01/2015 Action Floor Amendment (Senator Klausmeier) {583325/1 Adopted Proceedings 59
Chamber Senate Calendar Date 4/08/2015 Legislative Date 4/01/2015 Action Second Reading Passed with Amendments Proceedings 59
Chamber Senate Calendar Date 4/09/2015 Legislative Date 4/02/2015 Action Third Reading Passed (43-4) Proceedings 60
Chamber House Calendar Date 4/09/2015 Legislative Date 4/03/2015 Action First Reading House Rules and Executive Nominations Proceedings 64
Chamber House Calendar Date 4/10/2015 Legislative Date 4/10/2015 Action Rereferred to Ways and Means Proceedings
Chamber House Calendar Date 4/10/2015 Legislative Date 4/10/2015 Action Hearing 4/11 at 1:00 p.m. Proceedings
Chamber House Calendar Date 4/11/2015 Legislative Date 4/13/2015 Action Favorable Report by Ways and Means Proceedings
Chamber House Calendar Date 4/13/2015 Legislative Date 4/07/2015 Action Favorable Report Adopted Proceedings 68
Chamber House Calendar Date 4/13/2015 Legislative Date 4/07/2015 Action Second Reading Passed Proceedings 68
Chamber House Calendar Date 4/13/2015 Legislative Date 4/08/2015 Action Floor Amendment (Delegate Fisher) {123429/2 Rejected (51-80) Proceedings 69
Chamber House Calendar Date 4/13/2015 Legislative Date 4/08/2015 Action Third Reading Passed (84-53) Proceedings 69
Chamber Senate Calendar Date 4/13/2015 Legislative Date 4/07/2015 Action Returned Passed Proceedings 65
Chamber Post Passage Calendar Date 5/28/2015 Legislative Date 5/30/2015 Action Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 486 Proceedings

Chamber	Calendar Date	Legislative Date	Action	Proceedings
Senate	3/04/2015	3/05/2015	First Reading Senate Rules
Senate	3/13/2015	3/16/2015	Rereferred to Budget and Taxation
Senate	3/18/2015	3/18/2015	Hearing 3/24 at 1:00 p.m.
Senate	3/20/2015	3/20/2015	Hearing cancelled
Senate	3/20/2015	3/20/2015	Hearing 3/24 at 1:30 p.m.
Senate	4/03/2015	4/06/2015	Favorable with Amendments Report by Budget and Taxation
Senate	4/06/2015	3/30/2015	Favorable with Amendments {469239/1	57
Senate	4/06/2015	3/30/2015	Committee Amendment Adopted	57
Senate	4/06/2015	3/30/2015	Special Order until 4/8 (Senator Guzzone) Adopted	57
Senate	4/08/2015	4/01/2015	Favorable with Amendments Report Adopted	59
Senate	4/08/2015	4/01/2015	Floor Committee Amendment {949133/1 Adopted	59
Senate	4/08/2015	4/01/2015	Floor Amendment (Senator Klausmeier) {583325/1 Adopted	59
Senate	4/08/2015	4/01/2015	Second Reading Passed with Amendments	59
Senate	4/09/2015	4/02/2015	Third Reading Passed (43-4)	60
House	4/09/2015	4/03/2015	First Reading House Rules and Executive Nominations	64
House	4/10/2015	4/10/2015	Rereferred to Ways and Means
House	4/10/2015	4/10/2015	Hearing 4/11 at 1:00 p.m.
House	4/11/2015	4/13/2015	Favorable Report by Ways and Means
House	4/13/2015	4/07/2015	Favorable Report Adopted	68
House	4/13/2015	4/07/2015	Second Reading Passed	68
House	4/13/2015	4/08/2015	Floor Amendment (Delegate Fisher) {123429/2 Rejected (51-80)	69
House	4/13/2015	4/08/2015	Third Reading Passed (84-53)	69
Senate	4/13/2015	4/07/2015	Returned Passed	65
Post Passage	5/28/2015	5/30/2015	Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 486

Documents

Date Posted	Document Name
4/06/2015	Amendments Senate - (Budget and Taxation) {469239/01 Adopted
4/08/2015	Amendments Senate - (Senator Klausmeier) {583325/01 Adopted
4/10/2015	Amendments Senate - (Budget and Taxation) {949133/01 Adopted
4/13/2015	Amendments House - (Delegate Fisher) {123429/02 Rejected
3/05/2015	Text - First - Income Tax - Film Production Activity Tax Credit
4/08/2015	Text - Third - Income Tax - Film Production Activity Tax Credit
6/15/2015	Text - Chapter - Income Tax - Film Production Activity Tax Credit
4/03/2015	Vote - Senate - Committee - Budget and Taxation
4/13/2015	Vote - House - Committee - Ways and Means
4/02/2015	Vote - Senate Floor - Third Reading Passed (43-4) - 04/02/15
4/08/2015	Vote - House Floor - Floor Amendment (Fisher) {123429/2 Rejected (51-80) - 04/08/15
4/08/2015	Vote - House Floor - Third Reading Passed (84-53) - 04/08/15

File Code

Subjects

Statutes