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HB 47: Entertainment Industry Economic Development

GENERAL BILL by Precourt ; (CO-INTRODUCERS) Bovo ; Holder ; Hudson ; Kelly ; O'Toole ; Porth ; Rehwinkel Vasilinda ; Sachs ; Soto ; Steinberg ; Tobia

Entertainment Industry Economic Development; Revises entertainment industry financial incentive program to provide corporate income tax & sales & use tax credits to qualified entertainment entities rather than reimbursements from appropriations; revises definitions, creation & scope, eligibility, & application & approval processes; delineates duties of OTTED, OFE, & DOR regarding award, election, transfer, audit, & revocation & forfeiture of credits, etc.

Effective Date: 07/01/2009
Last Action: 5/2/2009 House - Indefinitely postponed and withdrawn from consideration; Died in Committee on Economic Development Policy (EDCA)
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
12/1/2008 House • Filed
12/30/2008 House • Referred to Economic Development Policy (EDCA); Economic Development & Community Affairs Policy Council; Finance & Tax Council; Transportation & Economic Development Appropriations (CEED); Full Appropriations Council on Education & Economic Development
3/3/2009 House • Introduced, referred to Economic Development Policy (EDCA); Economic Development & Community Affairs Policy Council; Finance & Tax Council; Transportation & Economic Development Appropriations (CEED); Full Appropriations Council on Education & Economic Development -HJ 00012
5/2/2009 House • Indefinitely postponed and withdrawn from consideration; Died in Committee on Economic Development Policy (EDCA)