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ME LD1493
Bill
AI Summary
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Adds two new exclusions to Maine's Visual Media Production Credit, disqualifying commercial or promotional productions intended to advance a product or service for an individual or organization
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Excludes productions made primarily for industrial, corporate, or institutional purposes, as well as those created for internal use
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Amends existing statute 5 MRSA §13090-L to expand the list of ineligible production types from 6 to 8 categories
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Became law without the Governor's signature on June 24, 2025, as Public Law Chapter 421
Legislative Description
An Act to Limit Corporate Use of the Visual Media Production Credit
Income Tax
Last Action
PASSED TO BE ENACTED, in concurrence.
6/11/2025
Committee Referrals
Taxation4/8/2025
Full Bill Text
No bill text available