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HI HB785

Bill

Official Source

Status

Introduced

1/28/2015

Primary Sponsor

Justin Woodson

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Increases the motion picture income tax credit from 25% to 27.5% for qualified production costs in counties with a population of 700,000 or less
  • Maintains the 20% tax credit for qualified production costs in counties with a population over 700,000
  • Requires taxpayers claiming the tax credit to verify the county residency of local hires when reporting hiring information to the Department of Business, Economic Development, and Tourism
  • Applies to taxable years beginning after December 31, 2014

Legislative Description

Motion Picture Income Tax Credit

Last Action

The committee(s) on EDB recommend(s) that the measure be deferred.

2/13/2015

Committee Referrals

Economic Development & Business1/28/2015

Full Bill Text

No bill text available