Income Tax - Film Production Activity Tax Credit - Alterations
Sponsor: Senator GriffithCommittee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 2/19 at 1:00 p.m. (as of Nov 6, 2020)
What this bill does
Official synopsis
Altering the definition of 'total direct costs' to include certain compensation for writers, directors, or producers; increasing to $20,000,000 the maximum amount of tax credits that the Secretary of Commerce may issue in a fiscal year; and applying the Act to taxable years beginning after December 31, 2019.
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Testimony (25)
MGA witness listFAV 25Favorable
Organizations on record
AFL-CIOFAV 1
Amblin PartnersFAV 1
Buccaneer FilmsFAV 1
FilmmakerFAV 1
IATSE487FAV 3
IATSE798FAV 1
JHUFAV 1
Master SecurityFAV 1
Towson UniversityFAV 1
