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HB 472

Income Tax - Theatrical Production Tax Credit - Alterations and Sunset Extension

2026 Regular Session Introduced by Gabriel Acevero and 15 co-sponsors

Maryland bill extends expiring theatrical production tax credit to continue incentivizing film, TV, and stage productions in-state while maintaining tax revenue costs.

Approved by the Governor - Chapter 18
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Bill Summary · HB 472

Legislative bill overview

HB 472 extends the sunset date for Maryland's theatrical production tax credit, which provides income tax incentives to encourage film, television, and stage production companies to operate in the state. The bill allows this existing tax incentive program to continue beyond its currently scheduled expiration date rather than terminating as planned.

Why is this important

Theatrical production tax credits are designed to attract entertainment industry jobs and spending to Maryland by offsetting production costs. The extension decision directly impacts whether production companies will continue investing in Maryland locations, affecting employment in creative industries, local spending, and the state's cultural economy—while also determining ongoing tax revenue costs to the state.

Potential points of contention

  • Fiscal impact: Extending the credit means continued foregone state tax revenue; critics may question whether the economic benefits justify the cost, while supporters argue it generates broader economic activity that offsets the credit expense
  • Program effectiveness data: Disagreement likely exists over whether existing data demonstrates the credit successfully attracts productions or merely subsidizes projects that would occur anyway
  • Equity concerns: Questions about whether tax credits benefiting entertainment industry workers and companies represent appropriate use of public funds compared to other budget priorities

Compiled from official sources — confirm details with the bill’s official record.

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