Income Tax - Film Production Activity Tax Credit - Alterations
Sponsor: Delegate LuedtkeCommittee: Ways and MeansSubject: Taxes - IncomeStatus: Hearing 3/07 at 1:00 p.m. (as of Nov 1, 2018)
What this bill does
Official synopsis
Excluding certain activities from eligibility for the film production activity tax credit program; altering the definition of 'direct costs' to exclude compensation for certain film production employees; repealing the Maryland Film Production Activity Tax Credit Reserve Fund; providing that the Secretary of Commerce may not issue certain tax credit certificates greater than $30,000,000 in each of fiscal years 2019 through 2021; applying the Act to taxable years beginning after December 31, 2017; etc.
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Testimony (0)
MGA witness listNo witness list on file. It is scraped after hearings are scheduled; check the MGA link above.