IN SB0021 | 2015 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 6 2015 - 25% progression, died in committee
Action: 2015-01-20 - Senator Schneider added as second author
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 6 2015 - 25% progression, died in committee
Action: 2015-01-20 - Senator Schneider added as second author
Pending: Senate Tax and Fiscal Policy Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Media production expenditure tax credit. Media production expenditure tax credit. Reestablishes the media production expenditure tax credit (which expired in 2012), with certain changes. Provides a refundable tax credit to taxpayers that make qualified production expenditures in Indiana. Provides that the tax credit may be granted only if qualified production expenditures are at least $50,000. Provides that in the case of a taxpayer that claims the tax credit for qualified production expenditures of less than $6,000,000, the amount of the credit equals a percentage of the taxpayer's qualified production expenditures. Specifies that the percentage is: (1) 40%, in the case
Title
Media production expenditure tax credit. Media production expenditure tax credit. Reestablishes the media production expenditure tax credit (which expired in 2012), with certain changes. Provides a refundable tax credit to taxpayers that make qualified production expenditures in Indiana. Provides that the tax credit may be granted only if qualified production expenditures are at least $50,000. Provides that in the case of a taxpayer that claims the tax credit for qualified production expenditures of less than $6,000,000, the amount of the credit equals a percentage of the taxpayer's qualified production expenditures. Specifies that the percentage is: (1) 40%, in the case
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-01-20 | Senate | Senator Schneider added as second author |
| 2015-01-06 | Senate | First Reading: referred to Committee on Tax & Fiscal Policy |
| 2015-01-06 | Senate | Authored by Senator Randolph |
Indiana State Sources
| Type | Source |
|---|---|
| Summary | https://iga.in.gov/legislative/2015/bills/senate/21/details |
| Text | http://iga.in.gov/static-documents/3/2/9/9/3299f8ce/SB0021.01.INTR.pdf |
