SB0440

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 $20,000,000 in the aggregate for a single theatrical production; and extending the termination date to June 30, 2032.

1 bill selected

Basic Information

Status
Override
Session
2026 Regular Session
Type
Unknown
Cross-filed
HB0472

Links

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Upcoming Events

Hearing
February 11, 2026 at 14:00
📍 Budget and Taxation
Hearing - Budget and Taxation Committee
Hearing
March 25, 2026 at 13:30
📍 Budget and Taxation
Hearing - Budget and Taxation Committee
Hearing
March 25, 2026 at 13:00
📍 Budget and Taxation
Hearing - Budget and Taxation Committee

Sponsors

Guzzone
Corderman
Hettleman
McCray
Bailey
King
Salling