IN HB1087 | 2015 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 6 2015 - 25% progression, died in committee
Action: 2015-01-06 - First Reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 6 2015 - 25% progression, died in committee
Action: 2015-01-06 - First Reading: referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Tax credits for media production. 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 of qualified production expenditures paid
Title
Tax credits for media production. 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 of qualified production expenditures paid
Sponsors
History
Date | Chamber | Action |
---|---|---|
2015-01-06 | House | First Reading: referred to Committee on Ways and Means |
2015-01-06 | House | Authored by Representative Hale |
Indiana State Sources
Type | Source |
---|---|
Summary | https://iga.in.gov/legislative/2015/bills/house/1087/details |
Text | http://iga.in.gov/static-documents/5/b/d/6/5bd6f70a/HB1087.01.INTR.pdf |