GA HB718 | 2021-2022 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on March 3 2021 - 25% progression, died in committee
Action: 2021-03-08 - House Second Readers
Pending: House Creative Arts & Entertainment Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 3 2021 - 25% progression, died in committee
Action: 2021-03-08 - House Second Readers
Pending: House Creative Arts & Entertainment Committee
Text: Latest bill text (Introduced) [PDF]
Summary
A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to imposition, rate, computation, and exemptions from state income tax, so as to provide that all expenditures of a production company's state certified productions may be combined to meet spending thresholds; to lower spending thresholds; to increase the value of the tax credit; to provide for transferability of the tax credit; to provide for conditions and limitations; to revise a definition; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Title
Income tax; all expenditures of a production company's state certified productions may be combined to meet spending thresholds; provide
Sponsors
Rep. Calvin Smyre [D] | Rep. Vance Smith [R] | Rep. Carolyn Hugley [D] | Rep. Debbie Buckner [D] |
Rep. Beth Moore [D] |
History
Date | Chamber | Action |
---|---|---|
2021-03-08 | House | House Second Readers |
2021-03-05 | House | House First Readers |
2021-03-03 | House | House Hopper |
Georgia State Sources
Type | Source |
---|---|
Summary | https://www.legis.ga.gov/legislation/60295 |
Text | https://www.legis.ga.gov/api/legislation/document/20212022/199576 |