Motion picture film production; provides income tax credits to any company with qualifying expenses. (SB257)
Introduced By
Sen. Louise Lucas (D-Portsmouth)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Motion picture film production tax credits. Provides income tax credits to any motion picture production company with qualifying expenses of at least $250,000 with respect to a film production in the Commonwealth, for taxable years beginning on or after January 1, 2010. Total credits allowed for any biennium cannot exceed $10 million. Read the Bill »
Outcome
Bill Has Passed
History
Date | Action |
---|---|
01/12/2010 | Prefiled and ordered printed; offered 01/13/10 10103581D |
01/12/2010 | Referred to Committee on Finance |
01/29/2010 | Impact statement from TAX (SB257) |
02/03/2010 | Committee substitute printed 10105037D-S1 |
02/03/2010 | Reported from Finance with substitute (15-Y 0-N) (see vote tally) |
02/04/2010 | Constitutional reading dispensed (40-Y 0-N) (see vote tally) |
02/08/2010 | Read second time |
02/08/2010 | Reading of substitute waived |
02/08/2010 | Committee substitute agreed to 10105037D-S1 |
02/08/2010 | Engrossed by Senate - committee substitute SB257S1 |
02/09/2010 | Read third time and passed Senate (40-Y 0-N) (see vote tally) |
02/17/2010 | Placed on Calendar |
02/17/2010 | Read first time |
02/17/2010 | Referred to Committee on Appropriations |
02/19/2010 | Impact statement from TAX (SB257S1) |
02/23/2010 | Assigned App. sub: Economic Development, Agriculture and Natural Resources |
02/26/2010 | Subcommittee recommends reporting with amendment(s) (7-Y 0-N) |
03/01/2010 | Reported from Appropriations with substitute (22-Y 0-N) (see vote tally) |
03/01/2010 | Committee substitute printed 10105623D-H1 |
03/03/2010 | Read second time |
03/03/2010 | Constitutional reading dispensed (97-Y 0-N) |
03/03/2010 | VOTE: --- AGREE TO MOTION (97-Y 0-N) (see vote tally) |
03/03/2010 | Committee substitute agreed to 10105623D-H1 |
03/03/2010 | Engrossed by House - committee substitute SB257H1 |
03/03/2010 | Passed House with substitute (82-Y 16-N) |
03/03/2010 | VOTE: --- PASSAGE (82-Y 16-N) (see vote tally) |
03/03/2010 | House substitute rejected by Senate (1-Y 36-N) (see vote tally) |
03/03/2010 | House insisted on substitute |
03/03/2010 | House requested conference committee |
03/03/2010 | Senate acceded to request (39-Y 0-N) (see vote tally) |
03/03/2010 | Conferees appointed by Senate |
03/03/2010 | Senators: Lucas, Whipple, Hanger |
03/03/2010 | Conferees appointed by House |
03/03/2010 | Delegates: Cline, Cox, M.K., McClellan |
03/08/2010 | Conference report agreed to by Senate (39-Y 1-N) (see vote tally) |
03/08/2010 | Conference report agreed to by House (78-Y 18-N 1-A) |
03/08/2010 | VOTE: --- ADOPTION (78-Y 18-N 1-A) (see vote tally) |
03/08/2010 | Conference substitute printed 10105938D-S2 |
03/12/2010 | Enrolled |
03/12/2010 | Bill text as passed Senate and House (SB257ER) |
03/13/2010 | Signed by Speaker |
03/15/2010 | Signed by President |
03/18/2010 | Impact statement from TAX (SB257ER) |
04/11/2010 | G Approved by Governor-Chapter 599 (effective 7/1/10) |
04/11/2010 | G Acts of Assembly Chapter text (CHAP0599) |
Video
This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 25 seconds.