Expands eligibility for "Cultural Arts Incentives Program" to include certain convention centers.
Expands the "Cultural Arts Incentives Program" to include certain convention centers as a type of cultural arts institution facility for which a tax credit may be awarded. The bill amends the definition of "cultural arts institution facility" to specify that it includes convention centers. The bill also amends the definition of "convention center" to specify that it is a facility that contains at least 400,000 square feet of space utilized to house conventions, conferences, trade shows, expositions, or similar events, and that is located within a municipality subject to the "Municipal.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.