Bill Title: Media production expenditure tax credit. Media production expenditure tax credit. 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

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2015-01-20 - Senator Schneider added as second author [SB0021 Detail]

Text: Latest bill text (Introduced) [PDF]

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