HB 983: Entertainment Industry Financial Incentive Program
GENERAL BILL by Diaz, M. ; Raschein ; (CO-INTRODUCERS) Boyd ; Campbell ; Castor Dentel ; Combee ; Cruz ; Davis ; Diaz, J. ; Dudley ; Fullwood ; Gibbons ; Hood ; Hutson ; Jones, M. ; La Rosa ; Moraitis ; Nunez ; Perry ; Rehwinkel Vasilinda ; Santiago ; Smith ; Stewart
Entertainment Industry Financial Incentive Program; Revises purpose of program; revises application requirements & approval procedure for tax credits; requires certified productions to notify Office of Film & Entertainment of changes to certain production circumstances; requires office to deem certain tax credit awards denied & applications withdrawn; authorizes office to approve adjusted tax credit awards under certain circumstances; provides that certified production is not entitled to tax credit award unless certified production's actual qualified expenditures have been verified by office & approved by DEO; specifies period in which certified production must submit qualifying expenditure data to office; revises criteria for determining priority for tax credits; revises tax credit eligibility; provides tax credit for certain qualified productions that complete certain promotional activities; authorizes credit allocations for specified fiscal years; revises program repeal provisions.
Last Action: 5/2/2014 House - Died in Economic Development and Tourism Subcommittee
Location: In committee/council (EDTS)
Bill Text: PDF
• Referred to Economic Development and Tourism Subcommittee; Finance and Tax Subcommittee; Economic Affairs Committee -HJ 84
• Introduced -HJ 84
• Died in Economic Development and Tourism Subcommittee
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