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Legislative Year: 2024 Change
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Bill Detail: HB24-1358

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Title Film Incentive Tax Credit
Status Governor Signed (05/28/2024)
Bill Subjects
  • Business & Economic Development
House Sponsors L. Herod (D)
M. Snyder (D)
Senate Sponsors K. Mullica (D)
M. Baisley (R)
House Committee Finance
Senate Committee Finance
Date Introduced 03/04/2024
Summary

The bill adds established payments to loan-out companies as a
qualified local expenditure for the purpose of qualifying for the film
incentive income tax credit, removes a condition that the credit is
available only in years that the amount of state revenues are in excess of
the limitation of state fiscal year spending by at least $50 million, and
extends the deadline from February 4, 2025, to July 1, 2028, for a tax
credit effectiveness study to be submitted to the finance committees of the
house of representatives and the senate.

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with Amendments
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Fiscal Notes Fiscal Notes (08/09/2024) (most recent)  
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