Bill > H3085

This bill provides tax incentives and regulatory support for the digital interactive media and entertainment industries in Massachusetts. It defines "Digital Interactive Media" as technology-based products or platforms that are commercially oriented, contain multiple types of digital data (like text, sound, images, video), and have interactive capabilities where users can respond to and manipulate the digital content. The bill establishes a 25% tax credit for digital interactive media production companies that spend at least $50,000 on production expenses within Massachusetts in a consecutive 12-month period, with the credit calculated based on the total aggregate payroll paid to employees (excluding salaries over $1,000,000). Additionally, the bill provides an extra 25% credit for productions taking place in gateway municipalities, creates a new division within the Massachusetts Film Office specifically to manage and promote digital interactive media programs, and offers sales tax exemptions for qualifying digital interactive media production companies and school projects. The legislation aims to incentivize and grow the digital media industry in Massachusetts by providing financial benefits and administrative support, similar to existing tax credits for motion picture productions.

Budget and Finance

https://malegislature.gov/Bills/194/H3085