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| THE GENERAL ASSEMBLY OF PENNSYLVANIA |
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| HOUSE BILL |
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| INTRODUCED BY YOUNGBLOOD, CRUZ, BROWN, BEYER, CLYMER, FLECK, KORTZ, MURT, M. O'BRIEN, PALLONE, SIPTROTH, K. SMITH AND WAGNER, FEBRUARY 13, 2009 |
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| REFERRED TO COMMITTEE ON FINANCE, FEBRUARY 13, 2009 |
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| AN ACT |
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1 | Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An |
2 | act relating to tax reform and State taxation by codifying |
3 | and enumerating certain subjects of taxation and imposing |
4 | taxes thereon; providing procedures for the payment, |
5 | collection, administration and enforcement thereof; providing |
6 | for tax credits in certain cases; conferring powers and |
7 | imposing duties upon the Department of Revenue, certain |
8 | employers, fiduciaries, individuals, persons, corporations |
9 | and other entities; prescribing crimes, offenses and |
10 | penalties," further providing for film production tax |
11 | credits. |
12 | The General Assembly of the Commonwealth of Pennsylvania |
13 | hereby enacts as follows: |
14 | Section 1. Section 1704-D of the act of March 4, 1971 (P.L. |
15 | 6, No.2), known as the Tax Reform Code of 1971, added July 25, |
16 | 2007 (P.L.373, No.55), is amended to read: |
17 | Section 1704-D. Film production tax credits. |
18 | A taxpayer may claim a tax credit against the qualified tax |
19 | liability of the taxpayer[.] if the taxpayer makes a |
20 | contribution in the amount of at least 10% of the amount of the |
21 | credit claimed to an organization which: |
22 | (1) is located in this Commonwealth; and |
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1 | (2) is either: |
2 | (i) registered under section 5 of the act of |
3 | December 19, 1990 (P.L.1200, No.202), known as the |
4 | Solicitation of Funds for Charitable Purposes Act; or |
5 | (ii) exempt from registration under section 6 of the |
6 | Solicitation of Funds for Charitable Purposes Act. |
7 | Section 2. This act shall take effect immediately. |
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