MD SB98 | 2010 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 14 2010 - 25% progression, died in committee
Action: 2010-01-26 - Hearing 2/2 at 1:30 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 14 2010 - 25% progression, died in committee
Action: 2010-01-26 - Hearing 2/2 at 1:30 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Allowing a qualified film production entity to claim a credit against the State income tax for specified costs incurred for film production activities; repealing the Film Production Rebate Program; requiring the Department of Business and Economic Development to administer the credit; requiring that to be eligible for the rebate, the film production company must incur total direct costs exceeding $500,000; providing that the total direct costs may not include individual wages that exceed $1,000,000; etc.
Title
Income Tax - Film Production Activity Credit
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-26 | Hearing 2/2 at 1:30 p.m. | |
| 2010-01-26 | Hearing cancelled | |
| 2010-01-20 | Hearing 2/2 at 1:00 p.m. | |
| 2010-01-14 | First Reading Budget and Taxation |
Subjects
Art, Music and Cultural Affairs
Auditors and Audits
Business and Economic Development, Department of
Comptroller
Grants
Income Tax
Motion Pictures
Notices
Reports
Rules and Regulations
Tax Credits
Auditors and Audits
Business and Economic Development, Department of
Comptroller
Grants
Income Tax
Motion Pictures
Notices
Reports
Rules and Regulations
Tax Credits
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2010rs/billfile/SB0098.htm |
| Text | http://mlis.state.md.us/2010rs/bills/sb/sb0098f.pdf |
