Section 44.25.135. Recovery of film production tax credit.

Latest version.

   (a) The Department of Revenue may review, audit, and bring legal proceedings to recover any amount of a tax credit awarded under former AS 44.25.125 and former AS 44.33.235 from a producer or production that received the credit if the Department of Revenue determines that the film producer or production is liable for damages to the state or any political subdivision of the state.
   (b) Legal proceedings may not be brought under (a) of this section more than six years after the date the tax credit was awarded under former AS 44.25.125 and former AS 44.33.235.

Notes

Recent Bills that will modify this

SB 39 REPEAL FILM PRODUCTION TAX CREDIT

History

(Sec. 28 ch 51 SLA 2012; am Sec. 5 ch 35 SLA 2015)

                    
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