SB667: Motion picture production companies; expands tax incentives.

Chief Patron

Louise Lucas (D-18)
Served: 1992–

Progress

	Introduced
	Passed Committee
	Passed House
	Passed Senate
	Signed by Governor
	Became Law

Status

01/30/2008: Failed to Pass in Committee

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Summary

Income, retail sales and use, and motor vehicle sales and use taxes; motion picture production company tax incentives. Provides for and expands a series of tax incentives for motion picture production companies that make films and episodic television series in the Commonwealth. The tax incentives include refundable income tax credits, retail sales and use tax exemptions, and motor vehicle sales tax exemptions.

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Video

Votes were cast on this bill on the following dates for which Richmond Sunlight has video: 01/10/2008 and 01/28/2008.

Comments

Marty T writes:

Virginia must act vigorously to protect and enhance its competitive stance in the film industry if it is to retain its creative work force and to enjoy the economic benefits now rapidly migrating to other states with strong incentive programs.

As a dedicated member of the Virginia Production
Alliance and the production community, I strongly
urge support of the Motion Picture Incentive Act
of 2008, SB 667.

Posted 6 months ago. #

Poll Results

2 votes

Bill Text

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