House Concurrent Resolution 54 The Louisiana Legislature adopted a resolution expressing its intent regarding the meaning of "broker" in Act 451 of the 2015 Regular Legislative Session, which required persons selling motion picture investor credits against corporate and personal income taxes to qualify for and be included in a public registry of motion picture investor tax credit brokers
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MINNESOTA (H 2749)
On June 1, 2016 Governor Mark Dayton signed House Bill 2749, granting a onetime appropriation of $4.5 million to the Minnesota Film and TV Fund for the 2017 fiscal year (July 1 - June 30). This is in addition to the $1.5 million already appropriated for the 2017 fiscal year.
ON THE GOVERNOR'S DESK
Awaiting Signature
LOUISIANA (H 737)
House Bill 737 clarifies the 6% withholding requirement. Payments that would otherwise not be subject to withholding requirements pursuant to state and federal regulations are not subject to 6% Louisiana withholding (pension benefits, nontaxable portion of per diem, etc.) The withholding requirement applies to expenditures occurring after January 1, 2016.
