summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to the film tax credit. Revenue.
AI Summary
This bill requires increased transparency and public disclosure of the film tax credits provided under Massachusetts law. It mandates that recipients of these tax credits consent to being publicly identified and having the dollar value of the credits they receive disclosed. The bill also requires the Massachusetts Department of Revenue, in conjunction with the Secretary of Economic Development, to annually publish a detailed report on the film tax credits, including a list of all recipients, the total dollar value of credits received by each, and information on any transferred credits and the associated payments. This report must be submitted to state government officials and made publicly available online. The goal of these provisions is to improve accountability and oversight of the film tax credit program.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H5080 (on 11/02/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/H2627 |
Bill | https://malegislature.gov/Bills/191/H2627.pdf |
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