HB 956

Abstract

A BILL to be entitled an Act to amend Article 2 of Chapter 7 of Title 48 of the Official Code of Georgia Annotated, relating to the imposition, rate, and computation of and exemptions from state income taxes, so as to create an income tax credit for certain expenditures by music, film, television, or interactive entertainment production companies related to the incorporation of a recorded musical performance that was written, created, arranged, recorded, or synchronized in this state into a state certified production; to provide for rules and regulations and an application process related to such income tax credit; to provide for certain conditions and limitations; to provide for definitions; to provide a short title; to repeal conflicting laws; and for other purposes.