Income Tax - Theatrical Production Tax Credit
Sponsor: Guy Guzzone (District 13)Committee: Budget and TaxationSubject: Taxes - IncomeStatus: Hearing 1/27 at 1:00 p.m. (as of Dec 1, 2021)
What this bill does
Official synopsis
Allowing certain theatrical production entities to claim a credit against the State income tax for certain costs incurred for certain theatrical productions within the State; making the credit refundable under certain circumstances; requiring an entity to apply to the Department of Commerce to be a qualified theatrical production entity; requiring that to qualify for the credit certain estimated costs incurred in the State must exceed $100,000; applying the Act to taxable years beginning after December 31, 2020; etc.
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Testimony (6)
MGA witness listFAV 5FavorableUNF 1Unfavorable
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Mixter, Michael | Baltimore IATSE Local #19- Stagehands | Written (PDF) |
| FAV | Legler, Ron | France-Merrick Performing Arts Center | Oral + Written (PDF) |
| FAV | Edwards, Donna | Maryland State and DC AFL-CIO | Written (PDF) |
| FAV | Gentry, Ken | NETworks Presentations | Oral + Written (PDF) |
| FAV | Rowles, Angela | TROIKA Entertainment | Oral + Written (PDF) |
| UNF | mcavoy, vince | Individual | Oral |