CT SB01046 | 2017 | General Assembly

Status

Spectrum: Committee Bill
Status: Introduced on March 29 2017 - 25% progression, died in committee
Action: 2017-04-13 - Public Hearing 04/17
Pending: Joint Finance, Revenue and Bonding Committee
Text: Latest bill text (Introduced) [HTML]

Summary

(1) To allow the film production tax credit to be claimed against the sales and use taxes and limit the amount of such credit if such credit is sold, assigned or otherwise transferred and claimed against said taxes, and (2) to decrease from one hundred per cent to at least eighty per cent the controlling interest in a subsidiary of certain parent companies for purposes of an exemption from the sales and use taxes on services rendered between a parent company and a subsidiary.

Tracking Information

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Title

An Act Concerning The Applicability Of The Film Production Tax Credit And The Sales And Use Taxes Exemption For Services Rendered Between Certain Parent Companies And Subsidiaries.

Sponsors


History

DateChamberAction
2017-04-13SenatePublic Hearing 04/17
2017-03-29SenateReferred to Joint Committee on Finance, Revenue and Bonding

Connecticut State Sources


Bill Comments

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