Virginia Senate bill in Session 2026.
Status: enacted. Latest action: April 13, 2026.
Motion picture production; extends income tax credit sunset.
Motion picture production income tax credit; sales and use tax media-related exemptions. Extends the motion picture production tax credit sunset date from taxable year 2026 to taxable year 2031. The bill also extends from July 1, 2027, to July 1, 2032 the sunset for certain sales tax exemptions related to film production and distribution.
| Date | Event | Detail |
|---|---|---|
| 2026-01-14 | Introduced | Bill introduced |
| 2026-04-13 | Status | enacted |
| 2026-04-13 | Latest Action | Approved by Governor-Chapter 827 (effective 7/1/2026) |