Provides for the carry forward rather than the refund of the tax credits for certain musical and theatrical productions and certain infrastructure projects
Provides relative to tax credits for state-certified musical or theatrical productions and state-certified infrastructure projects (OR DECREASE GF RV See Note)
Extends authority to grant tax credits for certain state-certified musical or theatrical facility infrastructure projects (EN DECREASE GF RV See Note)
Changes certain refundable tax credits to nonrefundable tax credits. (See Act)
Changes certain refundable tax credits to nonrefundable tax credits (OR +$81,000,000 GF RV See Note)
Establishes a baseline limit on all claims against income and franchise tax for musical and theatrical production income tax credits filed during a fiscal year on a first-come, first-served basis and gives claims above the amount priority in the next fiscal year. (gov sig)
Provides for the carry forward rather than the refund of the tax credit for ad valorem taxes paid on certain offshore vessels
Extends the sunset of the musical and theatrical production base investment income tax credit (RE DECREASE GF RV See Note)
Changes certain refundable tax credits to nonrefundable
Provides for the carry forward rather than the refund of the earned income tax credit