From official state and federal legislative records. Informational only, not legal advice.
Died
This idea didn't make it. It stopped moving and won't become a law this time.
In plain words
AI summaryWritten by AI from the bill text. Check the official text before relying on it.
Requires qualified production costs of a taxpayer that exceed $1,000,000 to be certified by an independent third-party certified public accountant to qualify for the tax credit. Increases the total amount of tax credits allowed in any given year from $50,000,000 to $60,000,000. Includes broadcast and streaming platform productions under the tax credit. Defines "streaming platform". Extends the sunset date for the tax credit to 1/1/2039. Makes conforming amendments.