summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to provide for credit against taxes for the costs of certain advertising campaigns that feature digitally unaltered images of human models. Revenue.
AI Summary
This bill provides a tax credit for businesses that feature digitally unaltered images of human models in their advertising campaigns. Specifically, the bill allows a 1% tax credit on the costs of media purchases associated with such advertising campaigns, up to a maximum of $10,000 per year. The credit is available to businesses that generate at least $100,000 in annual revenue in Massachusetts and are engaged in the production, manufacture, distribution, or sale of cosmetics, clothing, or personal hygiene and grooming products. The bill requires the Department of Revenue, in consultation with the Department of Public Health, to establish eligibility criteria for the credit. The tax credit provisions are set to expire on December 31, 2030.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Accompanied a study order, see H5279 (on 10/06/2022)
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/192/H2974 |
| Bill | https://malegislature.gov/Bills/192/H2974.pdf |
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