MD SB360 | 2019 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on January 31 2019 - 25% progression, died in committee
Action: 2019-02-01 - Hearing 2/13 at 1:00 p.m.
Pending: Senate Budget and Taxation Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 31 2019 - 25% progression, died in committee
Action: 2019-02-01 - Hearing 2/13 at 1:00 p.m.
Pending: Senate Budget and Taxation 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; 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; requiring the Department to report annually to the Governor and General Assembly regarding the credit and certain economic impacts of the credit; etc.
Title
Income Tax - Theatrical Production Tax Credit
Sponsors
History
Date | Chamber | Action |
---|---|---|
2019-02-01 | Senate | Hearing 2/13 at 1:00 p.m. |
2019-01-31 | Senate | First Reading Budget and Taxation |
Subjects
Art, Music and Cultural Affairs
Auditors and Audits
Budgets
Commerce and Business
Commerce, Department of
Comptroller
Forms
Income Tax
Minorities
Notices
Reports
Residency
Rules and Regulations
Small Business
Tax Credits
Taxes - Income
Theaters
Work, Labor and Employment
Auditors and Audits
Budgets
Commerce and Business
Commerce, Department of
Comptroller
Forms
Income Tax
Minorities
Notices
Reports
Residency
Rules and Regulations
Small Business
Tax Credits
Taxes - Income
Theaters
Work, Labor and Employment