HB0472

Income Tax - Theatrical Production Tax Credit - Alterations and Sunset Extension

Limiting the excess amount of tax credit certificates to $20,000,000, that the Department of Commerce may carry forward and issue in subsequent taxable years for a credit against the State income tax for certain costs related to certain theatrical productions in the State; prohibiting the Secretary from issuing tax credit certificates for credit amounts totaling more than $2,000,00 in the aggregate for a single theatrical production; and extending the termination date of the credit to June 30, 2032.

1 bill selected

Basic Information

Status
Override
Session
2026 Regular Session
Type
Unknown
Cross-filed
SB0440

Links

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Upcoming Events

Hearing
February 12, 2026 at 13:00
📍 Ways and Means
Hearing - Ways and Means Committee
Hearing
March 31, 2026 at 13:00
📍 Ways and Means
Hearing - Ways and Means Committee

Sponsors

Lewis
Solomon
Lehman
Lewis, R.
Ross
Feldmark
Ivey
Acevero
Allen
Boyce
Coley
Hill
Terrasa
Toles
Tomlinson
Watson
Ziegler