RI S2959 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on April 5 2024 - 25% progression, died in committee
Action: 2024-04-25 - Committee recommended measure be held for further study
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

TAXATION -- MOTION PICTURE PRODUCTION TAX CREDITS - Increase the motion picture tax credit to $10,000,000 and then to $15,000,000 for 2026 and the total available credits to $40,000,000 for 2025 and $50,000,000 for 2026 and eliminates the sunset provision. Effective 1/1/2025.

Tracking Information

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Title

Increase the motion picture tax credit to $10,000,000 and then to $15,000,000 for 2026 and the total available credits to $40,000,000 for 2025 and $50,000,000 for 2026 and eliminates the sunset provision. Effective 1/1/2025.

Sponsors


History

DateChamberAction
2024-04-25SenateCommittee recommended measure be held for further study
2024-04-19SenateScheduled for hearing and/or consideration (04/25/2024)
2024-04-05SenateIntroduced, referred to Senate Finance

Subjects


Rhode Island State Sources


Bill Comments

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