Income Tax - Theatrical Production Tax Credit - Alterations and Sunset Extension

Limiting the excess amount of tax credit certificates to $20,000,000, that the Department of Commerce may carry forward and issue in subsequent taxable years for a credit against the State income tax for certain costs related to certain theatrical productions in the State; prohibiting the Secretary from issuing tax credit certificates for credit amounts totaling more than $2,000,00 in the aggregate for a single theatrical production; and extending the termination date of the credit to June 30, 2