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

Summary

The bill caps the total amount of tax‑credit certificates the state can issue for theatrical productions at $20 million and bars any single production from receiving more than that amount. It also pushes the credit’s sunset date out to June 30 2032, keeping the incentive available for another decade. The changes affect producers seeking the credit and the Department of Commerce that administers it.

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

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