HB 755 -- Film Production Tax Credits

Co-Sponsors:  Rizzo, Bartelsmeyer

Current law authorizes an income tax credit of up to 50% of the
amount invested in film production by a film production company,
with certain minimum investment requirements.  This bill
clarifies that the investment which qualifies a taxpayer for the
tax credit is an investment in a film production project, rather
than in a company.  This bill also limits each film production
company to one qualified film production project each year.