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SB440Introduced in the Senate

Income Tax - Theatrical Production Tax Credit - Alterations and Sunset Extension

Passed

Introduced by Guy Guzzone, District 13

What does this bill do?

Plain-English breakdown

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Official description

Limiting the excess amount of tax credit certificates to $20,000,000 that the Department of Commerce may carry forward and issue in subsequent taxable years for a credit against the State income tax for certain costs related to certain theatrical productions in the State; prohibiting the Secretary from issuing tax credit certificates for credit amounts totaling more than $20,000,000 in the aggregate for a single theatrical production; and extending the termination date to June 30, 2032.

Where it stands

Approved by the Governor - Chapter 19

April 14, 2026

How did lawmakers vote?

House of Delegates votes

1 recorded vote · each counted separately

Senate votes

2 recorded votes · each counted separately

SenateStage: Third Reading Passed · April 8, 2026

42

Yes

1

No

4

Absent or Not Voting

47 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

See how each senator voted

Bill history

  1. First Reading Budget and Taxation

  2. Hearing 2/11 at 2:00 p.m.

  3. Favorable with Amendments Report by Budget and Taxation

  4. Favorable with Amendments {153925/1 Adopted

  5. Second Reading Passed with Amendments

  6. Third Reading Passed (39-1)

  7. Referred Ways and Means

  8. Hearing 3/25 at 1:00 p.m.

  9. Hearing canceled

  10. Hearing 3/25 at 1:30 p.m.

  11. Favorable with Amendments Report by Ways and Means

  12. Favorable with Amendments {193924/1 Adopted

  13. Second Reading Passed with Amendments

  14. Third Reading Passed (119-17)

  15. Senate Concurs House Amendments

  16. Third Reading Passed (42-1)

  17. Passed Enrolled

  18. Approved by the Governor - Chapter 19

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