Bill

Bill > H2441


MA H2441

Relative to increasing economic development and business opportunity in the design and manufacture of video games through the use of tax credits


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

Relative to income tax credits for the design and manufacture of video games. Revenue.

AI Summary

This bill aims to increase economic development and business opportunity in the design and manufacture of video games through the use of tax credits. It amends Chapter 62 and Chapter 63 of the Massachusetts General Laws to expand the existing tax credit for motion picture production to also apply to video game production companies. The bill defines "video games" and "video game production companies" to establish the eligibility criteria for the tax credits. The key provisions of the bill allow video game production companies to claim tax credits for qualified production expenses, similar to how motion picture production companies can currently claim such credits.

Committee Categories

Budget and Finance

Sponsors (6)

Last Action

Accompanied a study order, see H5128 (on 11/19/2020)

bill text


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