CT HB05491

Expands the definition of "qualified production" eligible for film tax credits to include productions where at least half the entertainment content is produced in-state, at least half of personnel reside in-state, and total production cost is less than two million dollars for fiscal years ending June 30, 2015, 2016, and 2017.

Allows tax credit vouchers to be issued for motion pictures with twenty-five percent or more of principal photography shooting days at in-state facilities that received at least twenty-five million dollars in private investment and opened after July 1, 2013.

Maintains existing exclusions from qualified production status, including news/weather programs, sporting events, awards shows, fundraising productions, corporate training content, and productions subject to federal records requirements for sexually explicit content.

Takes effect upon passage and amends section 12-217jj(a)(3) of the Connecticut General Statutes.