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SB 612

Virginia Senate bill in Session 2026.

Status: enacted. Latest action: April 13, 2026.

Motion picture production; extends income tax credit sunset.

Bill ID VA-2026-SB-612
Session 2026
Status enacted
Committee Finance; Finance and Appropriations
Senate enacted 2026-04-13
Summary

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.

Sponsor
Pillion
Official Source Back to Bills
Actions Timeline
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)
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