Reenacts GS 105-151.29 and GS 105-130.47, individual and corporate income tax credits for qualifying expenses of a production company, as they existed immediately before repeal and makes the following changes. Extends the sunset of the statutes to January 1, 2023 (was, 2015). Applies to qualifying expenses occurring on or after January 1, 2019.
REENACT FILM CREDIT.
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| View NCGA Bill Details | 2019-2020 Session |
AN ACT TO REENACT THE CREDIT FOR QUALIFYING EXPENSES OF A PRODUCTION COMPANY.Intro. by Lowe, Nickel, Peterson.
Status: Ref To Com On Rules and Operations of the Senate (Senate action) (Feb 14 2019)
Bill History:
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Wed, 13 Feb 2019 Senate: Filed
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Thu, 14 Feb 2019 Senate: Passed 1st Reading
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Thu, 14 Feb 2019 Senate: Ref To Com On Rules and Operations of the Senate
S 57
Bill Summaries:
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Bill S 57 (2019-2020)Summary date: Feb 13 2019 - View Summary
View: All Summaries for Bill