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Film production incentives are tax incentives offered on a state-by-state basis throughout the United States to encourage in-state film production. Since the 1990s, states have offered increasingly competitive incentives to lure productions away from other states.
A Great Awakening: The Sight & Sound feature film, currently in production in the City of Philadelphia and Lancaster County, received $2,607,037 in tax credits. The Pennsylvania-based production ...
The #StayInLA petition applauds Governor Newsom’s proposal to increase California’s film/TV tax incentive to $750 million annually, but says more is needed. Specifically, the petition proposes ...
Many lobbyists and lawmakers advocated for the continuation of film and TV production tax credits. Those efforts were successful. The incentives will remain, albeit with reduced caps, meaning they ...
The industry in Georgia was boosted substantially by tax incentives introduced in 2002 and strengthened in 2008. Just in the fiscal year 2017 film and TV production had an economic impact in Georgia of $9.5 billion, while industry sources claim that the tax subsidy costs the state $141 million (2010).
The state did curtail its film incentive from $150 million annually to $125 million, as part of a broader reform to reduce personal and corporate income tax rates.
Since 2018, New Jersey has approved $723 million in tax subsidies for film, television and “digital media” productions, public records show.
California's film and TV tax credit program was established in 2009 as a way to prevent film and TV production from fleeing to other states. Back then, the credit was restricted to $100 million ...