This bill aims to revise the reporting requirements associated with the Montana Economic Development Industry Advancement Film Tax Incentives. It specifically addresses the due dates for the submission of costs and the production expenditure verification report, ensuring that these timelines are more streamlined. Additionally, the bill clarifies which productions are required to file a production expenditure verification report, thereby refining the criteria for compliance.

The bill amends several sections of the Montana Code Annotated (MCA), specifically sections 15-31-1003, 15-31-1005, and 15-31-1006, to incorporate these changes. The adjustments are intended to enhance the efficiency of the reporting process and ensure that the tax incentives are effectively administered. An applicability date is also provided, indicating when these new requirements will take effect.

Statutes affected:
SB0027_1.pdf: 15-31-1003, 15-31-1005, 15-31-1006
Introduced: 15-31-1003, 15-31-1005, 15-31-1006