Delaware HB364 amends the Delaware Code to establish a tax credit for entertainment production activities in Delaware.
Delaware HB364 amends Title 30 of the Delaware Code to create a tax credit for qualified entertainment production activities within the state. The credit applies to qualified expenditures made by companies engaged in activities such as film, television, esports, and video game production. To qualify, companies must demonstrate expenditures exceeding $500,000 over any 12-month period and provide internship opportunities for Delaware residents. The Division of Small Business oversees the application process, including audits and approval of credits.
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