Amends GS 105-130.47 and 105-151.29 both (statutes establish tax credits for production company expenses) to sunset the provisions of the statute effective January 1, 2011, instead of the January 1, 2014, sunset in the current law. Makes conforming changes. Effective for taxable years beginning on or after January 1, 2011.
ELIMINATE FILM INDUSTRY PRODUCTION CREDIT.
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| View NCGA Bill Details | 2011-2012 Session |
TO ELIMINATE THE INCOME TAX CREDIT FOR QUALIFYING EXPENSES OF A PRODUCTION COMPANY.Intro. by Mansfield.
Status: Ref To Com On Finance (Senate Action) (Apr 20 2011)
Bill History:
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Tue, 19 Apr 2011 Senate: Filed
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Wed, 20 Apr 2011 Senate: Passed 1st Reading
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Wed, 20 Apr 2011 Senate: Ref To Com On Finance
S 711
Bill Summaries:
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Bill S 711 (2011-2012)Summary date: Apr 19 2011 - View Summary
View: All Summaries for Bill