Bill > HB2037

This bill increases the total annual cap on tax credits available for the Motion Picture, Digital Media, and Film Production Income Tax Credit from $50,000,000 to $60,000,000, meaning more money can be claimed by qualifying film and digital media productions each year. It also extends the program's sunset date, which is the date the credit is set to expire, from its current expiration to January 1, 2038, and applies to tax years beginning after December 31, 2026, with the credit itself set to be repealed on January 1, 2038, and the law reverting to its previous state.