Existing law allows credits under the Personal Income Tax Law and the Corporation Tax Law for taxable years beginning on or after or after January 1, 2016, to be allocated by the California Film Commission on or after July 1, 2015, and before July 1, 2020, as provided. Existing law, in lieu of these credits, allows application of the credit amount against qualified state sales and use taxes, as provided. Existing law, on or before July 1, 2019, requires the Legislative Analyst's Office to prepare reports related to the effectiveness and administration of these film tax credits under the Sales and Use Tax Law, the Personal Income Tax Law, and the Corporation Tax Law.
California SB 878 (20172018) — Taxes: credits: qualified motion pictures.
Existing law allows credits under the Personal Income Tax Law and the Corporation Tax Law for taxable years beginning on or after or after January 1, 2016, to be allocated by the California Film Commission on or after July 1, 2015, and before July 1, 2020, as provided. Existing law, in lieu of these credits, allows application of the credit amount against qualified state sales and use taxes, as provided. Existing law, on or before July 1, 2019, requires the Legislative Analyst's Office to prepare reports related to the effectiveness and administration of these film tax credits under the Sales and Use Tax Law, the Personal Income Tax Law, and the Corporation Tax Law.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
Unfinished Business SB878 B. & F.R. (Mitchell) Concurrence — 38–0 (pass) · upper
SB 878 B. & F. R. Senate Third Reading By TING — 80–0 (pass) · lower
Sponsors
Committee on Budget and Fiscal Review — primary (person)
Timeline
The legislative action history — every referral, reading, and vote.
2018-01-10 Introduced. Read first time. To Com. on RLS. for assignment. To print. introduction, reading-1
2018-01-11 From printer. May be acted upon on or after February 10.
2018-01-16 Referred to Com. on B. & F.R. referral-committee
2018-04-30 Withdrawn from committee. (Ayes 25. Noes 11. Page 4865.)
2018-04-30 Ordered to second reading.
2018-05-01 Read second time. Ordered to third reading. reading-2, reading-1
2018-05-03 Read third time. Passed. (Ayes 24. Noes 11. Page 4931.) Ordered to the Assembly. reading-3, passage, reading-1
2018-05-03 In Assembly. Read first time. Held at Desk. reading-1
2018-05-07 Referred to Com. on BUDGET. referral-committee
2018-08-13 From committee with author's amendments. Read second time and amended. Re-referred to Com. on BUDGET. reading-2, referral-committee, amendment-passage, committee-passage, reading-1