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Bill > S1409
NJ S1409
NJ S1409Revises film and digital media content production tax credit program to include requirement for production of domestic original music and musical scores.
summary
Introduced
01/13/2026
01/13/2026
In Committee
01/13/2026
01/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 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 amends the Garden State Film and Digital Media Tax Credit Program to require that any original music or musical scores created for a film or digital media production must be produced and recorded domestically within the United States or its territories to qualify for tax credits. This program offers tax credits to businesses for expenses related to film and digital media production, encouraging production within New Jersey. The amendment adds a new condition to the existing eligibility criteria for these tax credits, ensuring that the musical components of eligible productions are created within the U.S.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee (on 01/13/2026)
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://www.njleg.state.nj.us/bill-search/2026/S1409 |
| BillText | https://pub.njleg.gov/Bills/2026/S1500/1409_I1.HTM |
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