PRINTER'S NO. 1918
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
1214
Session of
2018
INTRODUCED BY KILLION, BROWNE, BARTOLOTTA, HUGHES, RESCHENTHALER
AND WARD, JUNE 22, 2018
REFERRED TO FINANCE, JUNE 22, 2018
AN ACT
Amending the act of March 4, 1971 (P.L.6, No.2), entitled "An
act relating to tax reform and State taxation by codifying
and enumerating certain subjects of taxation and imposing
taxes thereon; providing procedures for the payment,
collection, administration and enforcement thereof; providing
for tax credits in certain cases; conferring powers and
imposing duties upon the Department of Revenue, certain
employers, fiduciaries, individuals, persons, corporations
and other entities; prescribing crimes, offenses and
penalties," in entertainment production tax credit, further
providing for carryover, carryback and assignment of credit.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 1714-D(f) of the act of March 4, 1971
(P.L.6, No.2), known as the Tax Reform Code of 1971, is amended
and the section is amended by adding a subsection to read:
Section 1714-D. Carryover, carryback and assignment of credit.
* * *
(f) Purchasers and assignees.--Except as [set forth in
subsection (g)] provided in subsections (g) and (h), the
following apply:
(1) The purchaser or assignee of all or a portion of a
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