MD HB1192 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 7 2020 - 25% progression
Action: 2020-02-10 - Hearing 2/25 at 1:00 p.m.
Pending: House Ways and Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Allowing certain theatrical production entities to claim a credit against the State income tax for certain costs incurred for certain theatrical productions in the State; making the credit refundable under certain circumstances; requiring an entity to apply to the Department of Commerce to be a qualified theatrical production entity; requiring that to qualify for the credit certain estimated costs incurred in the State must exceed $100,000; applying the Act to taxable years beginning after December 31, 2019; etc.

Tracking Information

Register now for our free OneVote public service or GAITS Professional trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Income Tax - Theatrical Production Tax Credit

Sponsors


History

DateChamberAction
2020-02-10HouseHearing 2/25 at 1:00 p.m.
2020-02-07HouseFirst Reading Ways and Means

Same As/Similar To

SB577 (Crossfiled) 2020-02-10 - Hearing 2/19 at 1:00 p.m.

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Economic Development5109(n/a)See Bill Text
Tax - General10751(n/a)See Bill Text

Maryland State Sources


Bill Comments

feedback