Motion picture production companies; expands tax incentives. (SB667)

Introduced By

Sen. Louise Lucas (D-Portsmouth) with support from 6 copatrons, whose average partisan position is:

Those copatrons are Del. Mamye BaCote (D-Newport News), Del. Onzlee Ware (D-Roanoke), Sen. Roz Dance (D-Petersburg), Sen. John Edwards (D-Roanoke), Sen. Jennifer McClellan (D-Richmond), Sen. Roscoe Reynolds (D-Martinsville)

Progress

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

Description

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. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/10/2008Unanimous consent to introduce (36-Y 0-N) (see vote tally)
01/10/2008Presented and ordered printed 081915260
01/10/2008Referred to Committee on Finance
01/28/2008Impact statement from TAX (SB667)
01/30/2008Continued to 2009 in Finance (16-Y 0-N) (see vote tally)
12/05/2008Left in Finance

Duplicate Bills

The following bills are identical to this one: HB1393.