An Act creating a pilot program to enhance economic and community development through live theatrical arts

This bill establishes a pilot tax credit program in Massachusetts designed to support live theater companies that produce shows intended for Broadway, Off-Broadway, or national tours. To qualify, productions must be staged in state facilities with at least 175 seats and must plan to open in New York City or launch a national tour within 24 months of their Massachusetts performance. The credit allows eligible companies to offset state taxes by claiming expenses related to payroll, marketing, and production costs, with a specific cap of $100,000 per employee for wages. Administered by the Department of Revenue in partnership with the Office of Travel and Tourism, the initiative aims to stimulate economic growth and community development through the arts sector.