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Bill > A4382


NJ A4382

NJ A4382
Revises film and digital media content production tax credit program to include requirement for production of domestic original music and musical scores.


summary

Introduced
05/16/2024
In Committee
01/05/2026
Crossed Over
Passed
Dead
01/12/2026

Introduced Session

2024-2025 Regular Session

Bill Summary

The bill revises the Garden State Film and Digital Media Tax Credit Program, which provides corporation business tax and gross income tax credits for expenses incurred for the production of certain films and digital media content. Specifically, the bill revises the tax credit program to include an additional criterion for certain film and digital media content expenses to be considered eligible for the tax credit. The bill adds a requirement to the tax credit program for taxpayers that produce films and digital media content that include original music or original musical scores. The bill requires all original music and original musical scores developed for the production of film or digital media content to be produced and recorded domestically in the United States or any of its territories.

AI Summary

This bill revises the Garden State Film and Digital Media Tax Credit Program to include a requirement for the production of domestic original music and musical scores. Specifically, it adds a requirement that all original music and original musical scores developed for the production of films or digital media content must be produced and recorded domestically in the United States or its territories. The bill applies to privilege periods and taxable years beginning on or after January 1 following its enactment.

Committee Categories

Business and Industry

Sponsors (7)

Last Action

Reported out of Assembly Committee, 2nd Reading (on 01/05/2026)

bill text


bill summary

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bill summary

Document Type Source Location
State Bill Page https://www.njleg.state.nj.us/bill-search/2024/A4382
Analysis - Technical Review Of Prefiled Bill https://pub.njleg.gov/Bills/2024/A4500/4382_T1.PDF
Analysis - Statement ACE 1/5/26 https://pub.njleg.gov/Bills/2024/A4500/4382_S1.PDF
BillText https://pub.njleg.gov/Bills/2024/A4500/4382_I1.HTM
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