MODIFY FILM/HISTORIC REHAB TAX CREDITS.

View NCGA Bill Details2013-2014 Session
House Bill 1142 (Public) Filed Tuesday, May 20, 2014
A BILL TO BE ENTITLED AN ACT TO MODIFY THE HISTORIC REHABILITATION TAX CREDIT AND THE FILM CREDIT.
Intro. by Hamilton, Iler, Davis, Carney.

Status: Ref To Com On Finance (House Action) (May 21 2014)

Bill History:

H 1142

Bill Summaries:

  • Summary date: May 20 2014 - More information

    Repeals GS 105-129.39, sunset clause for the Historic Rehabilitation Tax Credits.

    Amends GS 105-130.47 and 105-151.29, concerning tax credits for qualifying expenses of a production company, providing that a production company must have qualifying expenses of at least $300,000 (was, $250,000) to receive tax credit of 25 percent of the company's qualifying expenses. Deletes GS 105-130.47(k), the sunset provision for the qualifying expenses tax credits.

     

     


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