STATEMENT TO

[First Reprint]

SENATE, No. 4094

with Assembly Floor Amendments

(Proposed by Assemblyman JOHNSON)

ADOPTED: JANUARY 10, 2022

      This floor amendment clarifies certain residency requirements for credited and uncredited performers as part of a taxpayer’s diversity plan.  The diversity plan allows for a taxpayer to receive an enhanced credit award based on four percent of the qualified film or digital media content production expenses of the taxpayer.