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CT HB05099

Bill

Official Source

Status

Introduced

2/14/2024

Primary Sponsor

Mitch Bolinsky

Click for details

Origin

House of Representatives

2024 General Assembly

AI Summary

  • Eliminates existing tax credits for film production and digital animation production in Connecticut
  • Establishes a new proof of performance rebate program to replace the current tax credit system
  • Shifts the incentive structure from upfront tax credits to rebates contingent on demonstrated performance outcomes
  • Referred to the Committee on Finance, Revenue and Bonding for consideration during the February 2024 session

Legislative Description

An Act Concerning The Film Production And Digital Animation Production Tax Credits.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

2/14/2024

Committee Referrals

Finance, Revenue and Bonding2/14/2024

Full Bill Text

No bill text available