Raised S.B. No. 1046
Session Year 2017
 


AN ACT CONCERNING THE APPLICABILITY OF THE FILM PRODUCTION TAX CREDIT AND THE SALES AND USE TAXES EXEMPTION FOR SERVICES RENDERED BETWEEN CERTAIN PARENT COMPANIES AND SUBSIDIARIES.

(1) To allow the film production tax credit to be claimed against the sales and use taxes and limit the amount of such credit if such credit is sold, assigned or otherwise transferred and claimed against said taxes, and (2) to decrease from one hundred per cent to at least eighty per cent the controlling interest in a subsidiary of certain parent companies for purposes of an exemption from the sales and use taxes on services rendered between a parent company and a subsidiary.

Introduced by:
Finance, Revenue and Bonding Committee

 New today  2-4 days old  5 days & older
   Text of Bill
 Raised Bill [pdf]

*NOTE: Add to My Bills and Add Notes are cookie-based functions. If device cookies are cleaned, this information will be lost.

*NOTE: Add to My Bills and Add Notes are cookie-based functions. Browser must accept cookies from cga.ct.gov to function. If browser cookies are cleaned, bills will be lost.

Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 4/13/2017Public Hearing 04/17
 3/29/2017Referred to Joint Committee on Finance, Revenue and Bonding

NOTE: Please direct all inquiries regarding the status of bills to the Office of the House Clerk and/or Senate Clerks' Office.