MD HB472

Extends the termination date of Maryland's theatrical production tax credit program, allowing film and theater productions to continue claiming tax credits for qualified production expenditures in the state

Provides tax credits for eligible costs incurred during theatrical productions filmed or staged in Maryland, intended to incentivize entertainment industry activity and job creation

Makes alterations to the existing theatrical production tax credit provisions to modify program requirements or credit calculations

Continues the state's economic development strategy of using tax incentives to compete with other states for film, television, and theatrical production business