SB2159 — Taxes, Exemption and Credits - As introduced, redefines "qualified production company" for the purpose of receiving franchise and excise tax credit from an entity incurring $1 million of qualified expenses incurred in this state necessary for the production of a movie or episodic television program to an entity incurring $2 million of such qualified expenses. - Amends TCA Section 67-4-2109 and Title 67, Chapter 6, Part 3.

SB2159 — Taxes, Exemption and Credits - As introduced, redefines "qualified production company" for the purpose of receiving franchise and excise tax credit from an entity incurring $1 million of qualified expenses incurred in this state necessary for the production of a movie or episodic television program to an entity incurring $2 million of such qualified expenses. - Amends TCA Section 67-4-2109 and Title 67, Chapter 6, Part 3. · Informed CitizenrySB2159 amends Tennessee Code Annotated Section 67-4-2109 and Title 67, Chapter 6, Part 3 regarding the taxation of qualified production companies. The bill increases the amount of qualified expense…Open in Informed Citizenry