Rocky Miller Did Not Vote on this Legislation.
Title: Authorizes Film Tax Credit Incentives
Vote to pass a bill that authorizes film tax credit incentives.
Specifies that for all tax years on or after January 1, 2020, a taxpayer in the state of Missouri shall be allowed a tax credit to 20 percent of qualifying in-state expenses, 10 percent of qualifying out-of-state expenses, and 5 percent for both qualifying in-state expenses and qualifying out-of-state expenses if at least 50 percent of the qualified film production project is filmed in Missouri (Sec. A).
Defines “qualified film production project” as any film, video, commercial, or television production as approved by the department of economic development and the office of missouri film that features a statement or logo designated by the department of economic development in the credits of the film indicating that the project was filmed in Missouri (Sec. A).
Title: Authorizes Film Tax Credit Incentives