2019-2020 Regular Session - HB 347
Income tax; all expenditures of a production company's state certified productions may be combined to meet spending thresholds; provide
First Reader Summary
A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to imposition, rate, computation, and exemptions from state income tax, so as to provide that all expenditures of a production company's state certified productions may be combined to meet spending thresholds; to lower spending thresholds; to increase the value of the tax credit; to provide for transferability of the tax credit; to provide for conditions and limitations; to revise a definition; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
Feb/20/2019 - House Second Readers
Feb/19/2019 - House First Readers
Feb/15/2019 - House Hopper
02/19/2019 Referred to the Working Group on Creative Arts and Entertainment