summary
Introduced
01/17/2020
01/17/2020
In Committee
03/09/2020
03/09/2020
Crossed Over
03/03/2020
03/03/2020
Passed
Dead
07/10/2020
07/10/2020
Introduced Session
2020 Regular Session
Bill Summary
Requires any motion picture, digital media and film production income tax credit claimed between January 1, 2019, and December 31, 2019, to apply to taxable years beginning after December 31, 2021, and claimed between January 1, 2020, and December 31, 2020, to apply to taxable years beginning after December 31, 2022. (Proposed HD1)
AI Summary
This bill requires any motion picture, digital media and film production income tax credit claimed between January 1, 2019, and December 31, 2019, to apply to taxable years beginning after December 31, 2021, and any such credit claimed between January 1, 2020, and December 31, 2020, to apply to taxable years beginning after December 31, 2022. This change is intended to align the timing of the tax credits with the production activities they are meant to incentivize.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (1)
Last Action
This measure has been deleted from the meeting scheduled on Wednesday 03-18-20 10:35AM in conference room 309. (on 03/16/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
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