Income Tax - Theatrical Production Tax Credit - Alterations and Sunset Extension

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Signed into Law

Summary

The bill lengthens the state income‑tax credit for qualifying theatrical productions until June 30, 2032. It also limits the Department of Commerce to carrying forward no more than $20 million in credit certificates and prevents any single production from receiving more than $2 million in credits. These changes aim to keep the incentive available while controlling its overall cost.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Hearings

• Budget and Taxation — Bill Hearing
  Budget and Taxation · Mar 31, 2026
• Senate Budget and Taxation Committee
  Senate Budget and Taxation Committee · Mar 31, 2026
• Ways and Means — Bill Hearing
  Ways and Means · Feb 12, 2026

History

1. Apr 14, 2026Approved by the Governor - Chapter 18
2. Apr 3, 2026Third Reading Passed
3. Apr 3, 2026Returned Passed
4. Apr 1, 2026Second Reading Passed
5. Apr 1, 2026Favorable Report by Budget and Taxation
6. Apr 1, 2026Favorable Adopted
7. Mar 25, 2026Hearing 3/31 at 1:00 p.m.
8. Mar 23, 2026Third Reading Passed
9. Mar 23, 2026Referred Budget and Taxation
10. Mar 21, 2026Second Reading Passed with Amendments
11. Mar 21, 2026Favorable with Amendments Report by Ways and Means
12. Mar 21, 2026Favorable with Amendments {

The 12 most recent of 14 recorded actions.

Sponsors

• Feldmark · sponsor
• Acevero
• Allen
• Boyce
• Coley
• Hill
• Ivey
• Lehman
• Lewis
• Ross
• Solomon
• Terrasa
• Toles
• Tomlinson
• Watson
• Ziegler

Bill text

Opens the legislature’s own copy.

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