IN HB1219 | 2017 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on January 10 2017 - 25% progression, died in committee
Action: 2017-01-10 - First reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Film production tax credit. Establishes the Indiana film and media production expenditure tax credit. Provides a refundable tax credit to taxpayers that make certain expenditures for a qualified media production if at least 50% of the total incurred expenses are qualified production expenditures in Indiana. Provides that the tax credit may be granted only if qualified production expenditures are at least $35,000. Provides that the amount of the credit equals the taxpayer's qualified production expenditures multiplied by a percentage determined by the Indiana economic development corporation (IEDC). Specifies that the tax credit percentage may not be more than: (1) 35%,

Tracking Information

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Title

Film production tax credit. Establishes the Indiana film and media production expenditure tax credit. Provides a refundable tax credit to taxpayers that make certain expenditures for a qualified media production if at least 50% of the total incurred expenses are qualified production expenditures in Indiana. Provides that the tax credit may be granted only if qualified production expenditures are at least $35,000. Provides that the amount of the credit equals the taxpayer's qualified production expenditures multiplied by a percentage determined by the Indiana economic development corporation (IEDC). Specifies that the tax credit percentage may not be more than: (1) 35%,

Sponsors


History

DateChamberAction
2017-01-10HouseFirst reading: referred to Committee on Ways and Means
2017-01-10HouseCoauthored by Representatives Pierce, Smaltz and Karickhoff
2017-01-10HouseAuthored by Representative Frizzell

Indiana State Sources


Bill Comments

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