Bill
AB 204
Overview: AB 204 relates to creating a video game production tax credit and making an appropriation. The bill was introduced on January 8, 2025 and has had a fiscal estimate receiv
Overview: AB 204 relates to creating a video game production tax credit and making an appropriation. The bill was introduced on January 8, 2025 and has had a fiscal estimate received.
Purpose and Intent: The main goal of this bill is to incentivize and support the video game production industry in the state by establishing a tax credit program. The intent is to attract and retain video game development companies and jobs.
Key Provisions:
- Creates a refundable tax credit for qualified video game production expenses incurred in the state
- Specifies eligibility criteria and application process for the tax credit
- Appropriates funds to the state's economic development agency to administer the tax credit program
Affected Parties and Impacts:
- Video game development companies operating in the state would be eligible for the tax credits, potentially incentivizing them to expand or relocate to the state
- The tax credit program would have a fiscal impact, with the appropriation of funds to support it
Procedural and Timeline Considerations:
The bill has received a fiscal estimate, indicating it is progressing through the legislative process. The next steps would be further consideration and potential passage by the state legislature.
Compiled from official sources — confirm details with the bill’s official record.
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