Georgia legislation · 2025-2026 Regular Session
Georgia HB1476: Income tax; credits for postproduction expenditures; revise amount of credit
Status: In committee, March 4, 2026
A BILL to be entitled an Act to amend Code Section 48-7-40.26A of the Official Code of Georgia Annotated, relating to tax credits for postproduction expenditures, so as to revise the amount of a credit; to provide for eligibility of postproduction expenditures in addition to production expenditures; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
What the bill says
To amend Code Section 48-7-40.26A of the Official Code of Georgia Annotated, relating to tax credits for postproduction expenditures, so as to revise the amount of a credit; to provide for eligibility of postproduction expenditures in addition to production expenditures; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
From the introduced text:
A BILL TO BE ENTITLED To amend Code Section 48-7-40.26A of the Official Code of Georgia Annotated, relating to tax credits for postproduction expenditures, so as to revise the amount of a credit; to provide for eligibility of postproduction expenditures in addition to production expenditures; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes. BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA: SECTION 1. Code Section 48-7-40.26A of the Official Code of Georgia Annotated, relating to tax credits for postproduction expenditures, is amended by revising subsections (c) and (g) as follows: "(c)(1) A postproduction company that has incurred qualified postproduction expenditures of at least $500,000.00 in a taxable year shall be allowed a tax credit against the tax imposed by this article, subject to the conditions and limitations set forth in this Code section. (2)(A) The tax credit allowed shall be equal to 20 percent 30 percent of the qualified postproduction expenditures actually invested and expended by the postproduction company in a taxable year. H. B. 1476 LC 44 3496 (B) An additional tax credit equal to 10 percent of the qualified postproduction expenditures shall be allowed if the qualified production expenditures, as defined in Code Section 48-7-40.26, were incurred in this state. (C) An additional tax …
Sponsors
- Soo Hong (R, 103) · primary sponsor
- Kasey Carpenter (R, 4)
- Spencer Frye (D, 122)
- Clinton Crowe (R, 118)
- Cannon, Chas (R, 172)
Latest actions
- : House Passed/Adopted
- : House Third Readers
- : House Committee Favorably Reported
- : House Second Readers
- : House First Readers
- : House Hopper
Common questions
- What is HB1476?
- HB1476 is a bill in the Georgia Legislature (2025-2026 Regular Session): Income tax; credits for postproduction expenditures; revise amount of credit.
- What does HB1476 do?
- In its own words: To amend Code Section 48-7-40.26A of the Official Code of Georgia Annotated, relating to tax credits for postproduction expenditures, so as to revise the amount of a credit; to provide for eligibility of postproduction expenditures in addition to production expenditures; to provide for related matters; to provide for an effective date and applicability; to repeal conflicting laws; and for other purposes.
- What is the status of HB1476?
- In committee as of March 4, 2026. Latest action: House Passed/Adopted (March 25, 2026).
- Who sponsored HB1476?
- Soo Hong (R, 103), with 4 co-sponsors.
- Where is the official record for HB1476?
- On the Georgia Legislature website: https://www.legis.ga.gov/legislation/73754
Source: official Georgia record. Tracked by Delilah, AI for legislation across all 50 states and Congress.