Legislative Tracker

HB 199: Income tax credit; interactive entertainment companies; change certain provisions

Voted on Friday February 24, 2017

John Pezold's thoughts

This legislation is titled the "Georgia Entertainment Industry Investment Act”
To be a qualified production company for tax credits, current employee payroll must be $500,000 and this bill reduces to $250,000 annually if there is a base investment of $500,00 over 2 years
--Pre-released interactive games are now included in the list of qualified “productions”
--Then creates the “Georgia Entertainment Industry Postproduction Investment Act”
20% tax credit for companies with $250,000 in payroll in GA and $500,000 in expenditures
30% if all of the above and everything was created exclusively in GA
40% if all of the above and in a Tier 1 or Tier 2 county
Capped at $1 million per company, $5 million statewide
Cap increases to $10 million in 2018, $15 million 2019-2022

More information on legis.ga.gov
John Pezold's Vote

Vote Totals

The table below breaks down the total number of votes, and marks the majority vote.

Voted Total % Majority Vote?
Yea 158 87.8% Majority Vote
Nay 3 1.7%
Did not vote 8 4.4%
Excused 11 6.1%