Bill

Bill > H2624


MA H2624

Relative to film tax credit transferability


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 film tax credit transferability. Revenue.

AI Summary

This bill removes provisions related to the transferability of film tax credits. Specifically, it strikes out language in the existing law that allows for the deduction of costs related to the transfer of film tax credits, and it removes the entire subsection that dealt with the transferability of film tax credits. These changes suggest that the bill aims to simplify the film tax credit program by eliminating certain administrative costs and complexities associated with the transfer of these credits.

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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