Pennsylvania SB137 raises the cap on entertainment production tax credits to $125 million annually.
Pennsylvania SB137 amends the Tax Reform Code of 1971 to increase the cap on entertainment production tax credits from $100 million to $125 million annually. This change applies to fiscal years starting on or after July 1, 2025. The Department of Revenue retains the discretion to award up to this new cap in any given fiscal year.
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- Legal Framework
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