HB 1321 (2006) -  Entertainment Industry Economic Development

General Bill by Davis, D. (CO-SPONSORS) Arza; Bendross-Mindingall; Gibson; Goldstein; Hasner; Sansom; Zapata
Entertainment Industry Economic Development: Provides for an entertainment industry credit of sales and use taxes paid on qualified expenditures; provides criteria, requirements, procedures, and limitations on the credit; provides for uses of the credit; provides duties and responsibilities of the Office of Film and Entertainment, the Office of Tourism, Trade, and Economic Development, and the Department of Revenue; authorizes the Office of Tourism, Trade, and Economic Development to adopt rules; provides for liability for fraudulent credit applications; authorizes the Department of Revenue to provide specified tax credit and tax refund information to the Office of Film and Entertainment and the Office of Tourism, Trade, and Economic Development; revises the order of priority list of applicable credits against taxes; provides for an entertainment industry corporate income tax credit of a percentage of qualified expenditures; provides criteria, requirements, procedures, and limitations on the credit; provides for aggregate amounts of tax credits available; provides for uses and allocations of the credit; provides for use and carryforward of the credit; provides for transfers of the credit; provides for noncorporate distributions of tax credits; authorizes the Office of Tourism, Trade, and Economic Development Department of Revenue to adopt rules; provides for liability for fraudulent credit applications; revises the entertainment industry financial incentive program to provide corporate income tax and sales and use tax credits to qualified entertainment entities rather than reimbursements from appropriations; revises provisions relating to definitions, creation and scope, application procedures, approval process, eligibility, required documents, qualified productions, and annual reports; provides criteria and limitations for awards of tax credits; provides marketing requirements; requires the Office of Tourism, Trade, and Economic Development and Department of Revenue to adopt rules; provides liability for reimbursement of costs and fees associated with fraudulent applications; provides for future repeal; provides an appropriation.
Effective Date: July 1, 2006.
Last Event: 05/05/06 S Died in Messages on Friday, May 5, 2006 11:59 PM

Referred Committees and Committee Actions

House Referrals

Related Bills

Bill # Subject Relationship
Bill #: CS/CS/SB 2110 Subject: Entertainment/Economic Development Relationship: Similar

Bill Text

Staff Analysis

Chamber Committee
Chamber: House Committee: State Infrastructure Council 4/24/2006 5:37:30 PM
Chamber: House Committee: State Infrastructure Council 4/20/2006 3:18:28 PM
Chamber: House Committee: Finance & Tax Committee 4/20/2006 8:25:03 AM
Chamber: House Committee: Finance & Tax Committee 4/16/2006 12:50:53 PM
Chamber: House Committee: Tourism Committee 3/23/2006 3:06:25 PM
Chamber: House Committee: Tourism Committee 3/20/2006 10:05:32 AM

Vote History

Chamber Date Yeas Nays Action Action 2 Vote Detail Barcode
Chamber: House Date: 04/27/2006 04:47 PM   Yeas: 118 Nays: 0 Action: Passage Action 2: Vote Detail: Vote [Seq# 967] Barcode:

Bill History

Event Time Member Committee Ver.
Event: S Died in Messages Time: 05/05/2006 - 11:59 PM Member: Committee: Version: e1
Event: S In Messages Time: 04/27/2006 - 8:07 PM Member: Committee: Version: e1
Event: H Message sent to senate Time: 04/27/2006 - 5:27 PM Member: Committee: Version: e1
Event: H Passage on third reading Time: 04/27/2006 - 4:48 PM Member: Committee: Version: e1
Event: H Passed as amended; YEAS 118, NAYS 0 Time: 04/27/2006 - 4:47 PM Member: Committee: Version: e1
Event: H Read 3rd time Time: 04/27/2006 - 4:45 PM Member: Committee: Version: e1
Event: H Added to Third Reading Calendar Time: 04/26/2006 - 6:19 PM Member: Committee: Version: e1
Event: H Read 2nd time Time: 04/26/2006 - 11:31 AM Member: Committee: Version: c3
Event: H Bill added to Special Order Calendar (4/26/2006) Time: 04/24/2006 - 10:09 PM Member: Committee: Version: c3
Event: H Added to Second Reading Calendar Time: 04/24/2006 - 6:17 PM Member: Committee: Version: c3
Event: H Bill released to House Calendar Time: 04/24/2006 - 6:17 PM Member: Committee: Version: c3
Event: H Pending review of CS under Rule 6.3 Time: 04/24/2006 - 6:13 PM Member: Committee: Version: c3
Event: H Reported out of State Infrastructure Council Time: 04/24/2006 - 6:11 PM Member: Committee: State Infrastructure Council Version: c2
Event: H Favorable with CS by State Infrastructure Council Time: 04/21/2006 - 3:15 PM Member: Committee: State Infrastructure Council Version: c2
Event: H Added to State Infrastructure Council agenda Time: 04/20/2006 - 4:06 PM Member: Committee: State Infrastructure Council Version: c2
Event: H Now in State Infrastructure Council Time: 04/20/2006 - 10:04 AM Member: Committee: State Infrastructure Council Version: c2
Event: H Pending review of CS under Rule 6.3 Time: 04/20/2006 - 8:28 AM Member: Committee: Version: c2
Event: H Reported out of Finance & Tax Committee Time: 04/20/2006 - 8:23 AM Member: Committee: Finance & Tax Committee Version: c1
Event: H Favorable with CS by Finance & Tax Committee Time: 04/17/2006 - 4:00 PM Member: Committee: Finance & Tax Committee Version: c1
Event: H Added to Finance & Tax Committee agenda Time: 04/13/2006 - 4:20 PM Member: Committee: Finance & Tax Committee Version: c1
Event: H Now in Finance & Tax Committee Time: 03/23/2006 - 3:46 PM Member: Committee: Finance & Tax Committee Version: c1
Event: H Remaining referral: State Infrastructure Council Time: 03/23/2006 - 3:46 PM Member: Committee: State Infrastructure Council Version: c1
Event: H Pending review of CS under Rule 6.3 Time: 03/23/2006 - 3:07 PM Member: Committee: Version: c1
Event: H Reported out of Tourism Committee Time: 03/23/2006 - 3:05 PM Member: Committee: Tourism Committee Version: __
Event: H Favorable with CS by Tourism Committee Time: 03/21/2006 - 4:55 PM Member: Committee: Tourism Committee Version: __
Event: H Added to Tourism Committee agenda Time: 03/17/2006 - 3:37 PM Member: Committee: Tourism Committee Version: __
Event: H Now in Tourism Committee Time: 03/14/2006 - 12:39 PM Member: Committee: Tourism Committee Version: __
Event: H Referred to State Infrastructure Council Time: 03/14/2006 - 12:39 PM Member: Committee: State Infrastructure Council Version: __
Event: H Referred to Finance & Tax Committee Time: 03/14/2006 - 12:39 PM Member: Committee: Finance & Tax Committee Version: __
Event: H Referred to Tourism Committee Time: 03/14/2006 - 12:39 PM Member: Committee: Tourism Committee Version: __
Event: H 1st Reading Time: 03/07/2006 - 11:59 PM Member: Committee: Version: __
Event: H Filed Time: 02/27/2006 - 4:34 PM Member: Davis, D. Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
212.08 HB 15 CS, HB 69, HB 77, HB 277, HB 305, HB 415, HB 449, HB 501 CS, HB 507, HB 689 CS, HB 743, HB 821, HB 865 CS, HB 869, HB 1079, HB 1363, HB 1473 CS, HB 1489, HB 7055, HB 7069
212.08 HB 15 CS, HB 69, HB 77, HB 277, HB 305, HB 415, HB 449, HB 501 CS, HB 507, HB 689 CS, HB 743, HB 821, HB 865 CS, HB 869, HB 1079, HB 1363, HB 1473 CS, HB 1489, HB 7055, HB 7069
212.08 HB 15 CS, HB 69, HB 77, HB 277, HB 305, HB 415, HB 449, HB 501 CS, HB 507, HB 689 CS, HB 743, HB 821, HB 865 CS, HB 869, HB 1079, HB 1363, HB 1473 CS, HB 1489, HB 7055, HB 7069
213.053 HB 77, HB 209, HB 711, HB 1249, HB 1467, HB 1473 CS, HB 7041, HB 7233 CS
213.053 HB 77, HB 209, HB 711, HB 1249, HB 1467, HB 1473 CS, HB 7041, HB 7233 CS
220.02 HB 729, HB 821, HB 1467, HB 1473 CS, HB 1575
220.02 HB 729, HB 821, HB 1467, HB 1473 CS, HB 1575
220.02 HB 729, HB 821, HB 1467, HB 1473 CS, HB 1575
220.192 HB 729, HB 1473 CS, HB 7075
220.192 HB 729, HB 1473 CS, HB 7075
288.1254
288.1254
288.1254
288.1254
477.0135 HB 1261
477.0135 HB 1261