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]

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.

Tracking Information

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Title

Income tax; all expenditures of a production company's state certified productions may be combined to meet spending thresholds; provide

Sponsors


History

DateChamberAction
2021-03-08HouseHouse Second Readers
2021-03-05HouseHouse First Readers
2021-03-03HouseHouse Hopper

Georgia State Sources


Bill Comments

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