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§ 8781-D. Report to General Assembly

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: October 30, 2017

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 5. Tax Reform Code of 1971 (Refs & Annos)
Article XVII-D. Entertainment Production Tax Credit (Refs & Annos)
Subarticle E. Entertainment Economic Enhancement Program (Refs & Annos)
Effective: October 30, 2017
72 P.S. § 8781-D
Formerly cited as PA ST 72 P.S. § 8740-DFormerly cited as PA ST 12 Pa.C.S.A. § 3311)
§ 8781-D. Report to General Assembly
Currentness
No later than June 1, 2018, and September 1 of each year thereafter, the Secretary of Community and Economic Development shall submit a report to the General Assembly summarizing the effectiveness of the tax credits provided by this subarticle. The report shall include the name of the tours which rehearsed in this Commonwealth, the names of all recipients awarded a tax credit as of the date of the report and the amount of tax credits approved for each recipient. The report may also include recommendations for changes in the calculation or administration of the tax credits provided under this subarticle. The report shall be submitted to the chairperson and minority chairperson of the Appropriations Committee of the Senate, the chairperson and minority chairperson of the Finance Committee of the Senate, the chairperson and minority chairperson of the Appropriations Committee of the House of Representatives and the chairperson and minority chairperson of the Finance Committee of the House of Representatives. The report shall include the following information, which shall be separated by geographic location within this Commonwealth:
(1) The amount of tax credits claimed during the fiscal year by tour.
(2) The total amount spent in this Commonwealth during the fiscal year by tours and concert tour promotion companies for services and supplies.
(3) The total amount of tax revenues, both directly and indirectly, generated for the Commonwealth during the fiscal year by the concert rehearsal and tour industry.

Credits

1971, March 4, P.L. 6, No. 2, art. XVII-D, § 1781-D, added 2017, Oct. 30, P.L. 672, No. 43, § 35, imd. effective.
72 P.S. § 8781-D, PA ST 72 P.S. § 8781-D
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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