---
title: HB 1476. Income tax; credits for postproduction expenditures; revise amount of credit
collection: bills
id: 2025-2026/hb1476
cite_as: HB 1476, 2025-2026 Regular Session (Ga.)
canonical_url: https://georgiacommons.org/bills/2025-2026/hb1476
md_url: https://georgiacommons.org/bills/2025-2026/hb1476.md
text_url: https://georgiacommons.org/bills/2025-2026/hb1476/text
source_url: https://www.legis.ga.gov/legislation/73754
date: 2026-03-04
status: introduced
corpus_version: bills-2026-09-13
license: Public record of the Georgia General Assembly, via LegiScan; see about.md
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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omitted: votes and history
omitted_chars: 185
omitted_url: https://georgiacommons.org/bills/2025-2026/hb1476.md?full=1
bill_number: HB 1476
session: 2025-2026 Regular Session
session_slug: 2025-2026
chamber: House
bill_type: bill
status_date: 2026-02-26
last_action: House Committee Favorably Reported
sponsors:
- Soo Hong
- Kasey Carpenter
- Spencer Frye
- Clint Crowe
- Charles Cannon
text_version: Introduced
has_text: true
legiscan_url: https://legiscan.com/GA/bill/HB1476/2025
upstream_id: 2125931
summaries_model: claude-sonnet-5
topic_tags:
- film tax credits
- postproduction incentives
- income tax
- Georgia entertainment industry
- corporate tax policy
---
# HB 1476. Income tax; credits for postproduction expenditures; revise amount of credit
## Text
House Bill 1476
By: Representatives Hong of the 103rd, Carpenter of the 4th, Frye of the 122nd, Crowe of the
118th, and Cannon of the 172nd
A BILL TO BE ENTITLED
AN ACT
To amend Code Section 48-7-40.26A of the Official Code of Georgia Annotated, relating to
tax credits for postproduction expenditures, so as to revise the amount of a credit; to provide
for eligibility of postproduction expenditures in addition to production expenditures; to
provide for related matters; to provide for an effective date and applicability; to repeal
conflicting laws; and for other purposes.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION 1.
Code Section 48-7-40.26A of the Official Code of Georgia Annotated, relating to tax credits
for postproduction expenditures, is amended by revising subsections (c) and (g) as follows:
"(c)(1) A postproduction company that has incurred qualified postproduction
expenditures of at least $500,000.00 in a taxable year shall be allowed a tax credit against
the tax imposed by this article, subject to the conditions and limitations set forth in this
Code section.
(2)(A) The tax credit allowed shall be equal to 20 percent 30 percent of the qualified
postproduction expenditures actually invested and expended by the postproduction
company in a taxable year.
(B) An additional tax credit equal to 10 percent of the qualified postproduction
expenditures shall be allowed if the qualified production expenditures, as defined in
Code Section 48-7-40.26, were incurred in this state.
(C) An additional tax credit equal to 5 percent of the qualified production expenditures
shall be allowed if the qualified production expenditures were incurred in a tier 1 or tier
2 county as designated by the commissioner of community affairs pursuant to Code
Section 48-7-40.
(3) The amount of tax credits allowed to a postproduction company under this Code
section for any single taxable year shall not exceed the postproduction company's total
aggregate payroll expended to employees working within this state for the taxable year
the postproduction company claims the tax credit."
"(g)(1) Any qualified postproduction expenditures for which a production company
claims a tax credit under Code Section 48-7-40.26 shall not be eligible for postproduction
expenditures for purposes of the credit authorized under this Code section.
(2) If a postproduction company and its affiliates claim the credit authorized under Code
Section 48-7-40, 48-7-40.1, 48-7-40.17, or 48-7-40.18, then the postproduction company
and its affiliates will shall only be allowed to claim the credit authorized under this Code
section to the extent that the Georgia resident employees included in the credit calculation
authorized under this Code section and taken by the postproduction company and its
affiliates on such tax return under this Code section have been permanently excluded
from the credit authorized under Code Section 48-7-40, 48-7-40.1, 48-7-40.17, or
48-7-40.18.
(2)(A) As used in this paragraph, the term 'affiliate' means those entities that are
included in the postproduction company's affiliated group as defined in Section 1504(a)
of the Internal Revenue Code and all other entities that are directly or indirectly owned
by members of the affiliated group.
(B) A postproduction company may claim a tax credit under this Code section for
qualified postproduction expenditures even if such production company claims a tax
credit for postproduction expenditures under Code Section 48-7-40.26 in this state.
(C) No postproduction company or any affiliate thereof that claims a tax credit under
this Code section shall be eligible to claim a tax credit under Code Section 48-7-40.26
for the same qualified postproduction expenditures or production expenditures."
SECTION 2.
This Act shall become effective on July 1, 2026, and shall be applicable to all taxable years
beginning on or after January 1, 2026.
SECTION 3.
All laws and parts of laws in conflict with this Act are repealed.
## Summaries written by Georgia Commons
The following was written by claude-sonnet-5 from the text above and is not part of the bill. Quote the text, not the summary.
House Bill 1476 would raise Georgia's film postproduction tax credit from 20 percent to 30 percent of qualified expenses, while removing a separate 10 percent bonus credit and adding new rules on double-dipping between production and postproduction credits.
### Plain-language summary
Georgia currently gives postproduction companies (studios that handle editing, visual effects, sound and similar work after filming) a tax credit worth 20 percent of their qualified expenses, plus an extra 10 percent if the related production work happened in Georgia, plus another 5 percent in certain lower-income counties. This bill raises the base credit to 30 percent but eliminates the separate 10 percent bonus for in-state production work, while keeping the 5 percent county bonus.
The bill also rewrites the rules on claiming this credit alongside Georgia's main film production tax credit (O.C.G.A. § 48-7-40.26). Currently, expenses already claimed under the production credit cannot also be claimed under the postproduction credit. The bill flips this: a postproduction company can now claim both credits, but not for the exact same expenditures, and it adds a definition of 'affiliate' companies for tracking related-entity claims. The changes would take effect July 1, 2026, and apply to tax years starting on or after January 1, 2026.
### What it does
- Raises the postproduction tax credit rate from 20 percent to 30 percent of qualified postproduction expenditures.
- Eliminates the additional 10 percent credit that was previously available when related production expenditures were incurred in Georgia.
- Keeps a separate 5 percent bonus credit for production expenditures incurred in tier 1 or tier 2 counties, as designated for economic development purposes.
- Allows a postproduction company to claim this credit even if it also claims Georgia's separate production expenditure credit, but bars claiming both credits for the same expenditures.
- Adds a legal definition of 'affiliate' companies, based on federal tax code affiliated-group rules, for purposes of coordinating credit claims among related businesses.
- Sets the changes to take effect July 1, 2026, applying to tax years beginning on or after January 1, 2026.
### Who it affects
Georgia postproduction companies that handle film and TV editing, visual effects, sound mixing, and similar work; production companies and their corporate affiliates that also claim Georgia's film production tax credit; and the state treasury, which would see changes in tax credit costs tied to the film and TV industry.
### Why it matters
A higher postproduction credit rate could make Georgia more attractive for editing, visual effects, and sound work tied to film and TV projects, while the new rules on claiming both credits change how much companies can save on taxes and how the state tracks related businesses to prevent duplicate claims.
### Key provisions
- Section 1 revises O.C.G.A. § 48-7-40.26A(c)(2)(A), raising the base postproduction credit from 20 percent to 30 percent of qualified postproduction expenditures.
- Section 1 deletes the former (c)(2)(B), which had allowed an additional 10 percent credit when related production expenditures occurred in Georgia.
- Section 1 retains a 5 percent additional credit for production expenditures incurred in tier 1 or tier 2 counties designated by the commissioner of community affairs.
- Section 1 rewrites subsection (g) to let a postproduction company claim this credit even if it also claims a postproduction credit under the separate production expenditures statute (O.C.G.A. § 48-7-40.26), but not for the same expenditures.
- Section 1 adds a definition of 'affiliate' tied to Internal Revenue Code Section 1504(a) affiliated-group rules for tracking related-company credit claims.
- Section 2 sets the effective date as July 1, 2026, applying to taxable years beginning on or after January 1, 2026.
- Section 3 repeals conflicting laws.
## Status
- Status: Introduced (2026-02-26)
- Last action: House Committee Favorably Reported (2026-03-04)
- Sponsors: Soo Hong, Kasey Carpenter, Spencer Frye, Clint Crowe, Charles Cannon
- Official page: https://www.legis.ga.gov/legislation/73754
> The history, votes, and amendments (185 characters) are at https://georgiacommons.org/bills/2025-2026/hb1476.md?full=1