Bill

Bill > H2627


MA H2627

Relative to film tax credit transparency


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 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)

bill text


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