Bill
Bill > SB478
summary
Introduced
03/14/2023
03/14/2023
In Committee
03/14/2023
03/14/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 Regular Session
Bill Summary
Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An act relating to tax reform and State taxation by codifying and enumerating certain subjects of taxation and imposing taxes thereon; providing procedures for the payment, collection, administration and enforcement thereof; providing for tax credits in certain cases; conferring powers and imposing duties upon the Department of Revenue, certain employers, fiduciaries, individuals, persons, corporations and other entities; prescribing crimes, offenses and penalties," in entertainment production tax credit, further providing for limitations.
AI Summary
This bill amends the Tax Reform Code of 1971 to increase the aggregate amount of entertainment production tax credits that can be awarded in a fiscal year from $100,000,000 to $125,000,000. The amendment applies to fiscal years beginning on or after July 1, 2023, and the bill takes effect immediately. The entertainment production tax credit is a program that provides tax incentives for film, television, and other entertainment productions in Pennsylvania.
Committee Categories
Budget and Finance
Sponsors (12)
Camera Bartolotta (R)*,
Dave Argall (R),
Lisa Boscola (D),
Jim Brewster (D),
Amanda Cappelletti (D),
Maria Collett (D),
Jay Costa (D),
Frank Farry (R),
Devlin Robinson (R),
Steve Santarsiero (D),
Judy Schwank (D),
Elder Vogel (R),
Last Action
Referred to FINANCE (on 03/14/2023)
Bill Topics
Macroeconomics
- ‐ Industrial Policy
- ‐ Taxation, Tax Policy, and Tax Reform
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2023&sind=0&body=S&type=B&bn=478 | 03/14/2023 |
| BillText | https://www.legis.state.pa.us/cfdocs/legis/PN/Public/btCheck.cfm?txtType=PDF&sessYr=2023&sessInd=0&billBody=S&billTyp=B&billNbr=0478&pn=0463 | 03/14/2023 |
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