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House Bill 340

Actions | Amendments

Last Action	signed by Governor (Acts, ch. 74)
Title	AN ACT relating to the expansion of the film tax credits.
Bill Documents	Bill
Impact Statements	Fiscal Note
Bill Request Number	1260
Sponsors	R. Rand, L. Belcher, M. Denham, C. Harris, C. Howard, R. Palumbo, J. Richards, D. Schamore, R. Smart, S. Westrom
Summary of Original Version	Amend KRS 148.542 to add definitions for "enhanced incentive county," "Kentucky-based company," and "resident"; amend KRS 148.544 to establish thresholds for Kentucky-based companies to qualify for the film tax credit incentives and lower the thresholds for all other companies; increase current incentives for a motion picture or entertainment production filmed or produced in a county other than an enhanced incentive county and further increase the incentives for those productions filmed or produced in an enhanced incentive county; amend KRS 148.546 to require additional information to be included on the application for the incentives, incentive agreement, and cost report; apply to taxable periods beginning on or after January 1, 2015.
Index Headings of Original Version	Taxation - Corporation income tax, film tax credits, lower thresholds and increase incentives Taxation - Individual income tax, film tax credits, lower thresholds and increase incentives Taxation, Income--Corporate - Film tax credits, lower thresholds and increase incentives Taxation, Income--Individual - Film tax credits, lower thresholds and increase incentives Tourism - Film tax credits, lower thresholds and increase incentives Fiscal Note - Film tax credits, lower thresholds and increase incentives
Proposed Amendments	Senate Committee Substitute 1 Senate Committee Amendment 1
Votes	Vote History

Actions

Top | Amendments

02/06/15	introduced in House
02/09/15	to Appropriations & Revenue (H) posting waived
02/10/15	reported favorably, 1st reading, to Calendar
02/11/15	2nd reading, to Rules posted for passage in the Regular Orders of the Day for Thursday, February 12, 2015
02/12/15	3rd reading, passed 96-0
02/13/15	received in Senate
02/19/15	to Appropriations & Revenue (S)
03/09/15	taken from Appropriations & Revenue (S) 1st reading returned to Appropriations & Revenue (S)
03/10/15	reported favorably, 2nd reading, to Rules with Committee Substitute, committee amendment (1-title) as a Consent Bill
03/11/15	posted for passage in the Regular Orders of the Day for Wednesday, March 11, 2015 3rd reading Committee Substitute withdrawn committee amendment (1-title) withdrawn passed 28-8 received in House enrolled, signed by Speaker of the House
03/23/15	enrolled, signed by President of the Senate delivered to Governor
03/30/15	signed by Governor (Acts, ch. 74)

Proposed Amendments

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Amendment	Senate Committee Substitute 1
Summary	Retain original provisions; create a new section of KRS Chapter 141 establishing the apparently wholesome food income tax credit equaling 20 percent of the fair market value of apparently wholesome food donated in Kentucky; amend KRS 141.0205 to order the tax credit.
Index Headings	Taxation - Corporation income tax, film tax credits, lower thresholds and increase incentives Taxation - Individual income tax, film tax credits, lower thresholds and increase incentives Taxation, Income--Corporate - Film tax credits, lower thresholds and increase incentives Taxation, Income--Individual - Film tax credits, lower thresholds and increase incentives Tourism - Film tax credits, lower thresholds and increase incentives Fiscal Note - Film tax credits, lower thresholds and increase incentives

Amendment	Senate Committee Amendment 1
Sponsor	C. McDaniel
Summary	Make ttle amendment.
Index Headings	Taxation - Corporation income tax, film tax credits, lower thresholds and increase incentives Taxation - Individual income tax, film tax credits, lower thresholds and increase incentives Taxation, Income--Corporate - Film tax credits, lower thresholds and increase incentives Taxation, Income--Individual - Film tax credits, lower thresholds and increase incentives Tourism - Film tax credits, lower thresholds and increase incentives Fiscal Note - Film tax credits, lower thresholds and increase incentives

Last updated: 1/16/2019 3:10 PM (EST)