Bill > HB475

This bill amends Georgia's income tax credit law for film, gaming, video, and digital production by updating the definition of "qualified production activities" and establishing new rules for the certification process. The bill expands the types of media that can qualify for tax credits by adding paid subscription-based platforms and free advertiser-supported streaming television (FAST) channels to the list of potential distribution methods, while explicitly excluding user-generated content distributed exclusively via social media platforms. The Department of Economic Development will now be authorized to establish more detailed certification application requirements, including deadlines, content types, documentation, and application fees. Additionally, the bill introduces a provision that if the department prevails in litigation over a denied certification, the production company must pay all associated court costs. The changes will take effect on January 1, 2026, and apply to taxable years beginning on or after that date, providing clarity and potentially more opportunities for media production companies seeking tax credits in Georgia.

Business and Industry

https://www.legis.ga.gov/legislation/70392