Section 77-3126 - Tax credit; limitations(1) The total amount of tax credits allowed in any fiscal year under the Cast and Crew Nebraska Act shall not exceed five hundred thousand dollars in fiscal year 2025-26 and one million dollars in any fiscal year thereafter.(2) The maximum allowable tax credit claimed under the act in any single taxable year for any qualified production activity that is a full-length film, made-for-television movie, television series of at least five episodes, or streaming television series shall not exceed five hundred thousand dollars in fiscal year 2025-26 and one million dollars in any fiscal year thereafter.Neb. Rev. Stat. §§ 77-3126
Added by Laws 2024, LB 937,§ 6, eff. 7/19/2024.Added by Laws 2024, LB 937,§ 6, eff. 7/19/2024.