Virginia · 2025 Regular Session · Bill
SB 1179: Motion picture production tax credit; renamed as content manufacturing tax credit, removes sunset.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 1179 is a bill introduced in the Virginia Senate on January 8, 2025. According to its official title, it concerns: Motion picture production tax credit; renamed as content manufacturing tax credit, removes sunset. Primary sponsor: Ghazala F. Hashmi. It lists 2 additional sponsors. Most recent recorded action (February 5, 2025): Left in Finance and Appropriations.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Motion picture production tax credit; renamed as content manufacturing tax credit; sunset. Removes the sunset for the motion picture tax credit, which currently is set to expire after taxable year 2026, and expands and redesignates the tax credit as the content manufacturing tax credit. The bill increases the total amount of credits that can be allocated to eligible taxpayers from $6.5 million to $11.5 million beginning in fiscal year 2025 and allows unclaimed aggregate credit amounts to be carried over and added to the aggregate credit cap in the following fiscal year. The bill also amends the definition of the "qualifying expenses" eligible for the content manufacturing tax credit to mean certain amounts spent in connection with the production of an eligible project filmed in the Commonwealth, defined as the production of a motion picture or an episodic television series.
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Ghazala F. Hashmi | Primary sponsor | Not applicable (committee) | — | — |
| Charniele Herring | Co-sponsor | Democratic | House | 4 |
| Todd Pillion | Co-sponsor | Republican | Senate | 6 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Left in Finance and Appropriations
- Referred to Committee on Finance and Appropriations
- Prefiled and ordered printed; Offered 01-08-2025 25104454D