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*IA - As of November 24, 2009, Iowa has suspended new registration for incentives pending a criminal investigation into the handling of past film tax credits. *LA - The state of Louisiana has redeemable tax credit where production can exchange tax credit for cash at an excellent rate of 88% of the tax credits earned after paying for the ...
Empire State Development CEO Hope Knight defended state incentives like the Film Production Tax Credit even after a damning independent analysis found the nearly $700 million yearly expense to the ...
The legislation also scales back the use of tax credits against the state’s corporation franchise tax, targeting incentives like those for recycling equipment and donations to public schools.
Hawaii’s film tax credit program was established in 1997 and has been modified by lawmakers many times since then, usually to expand incentives, amid strong industry support offset by some critics.
The tax credit was expanded again during the state budget negotiations in summer 2016. $65 million will be available for fiscal year 2017-18. [6] The tax credit brought the production of Zack and Miri Make a Porno, The Road, Shelter, Shannon's Rainbow, Sorority Row, and She's Out of My League to the Pittsburgh region in 2008 and 2009. [7]
SHREVEPORT, La. (KTAL/KMSS)—To make up part of the shortfall, State representatives voted to eliminate the state’s film tax credit. Now, the issue is in the hands of state senators. “The 150 ...
(The Center Square) – The entertainment industry is pushing for more tax credits in Georgia, as industry leaders say other states and cities are pulling the industry away with promises of more ...
California Gov. Gavin Newsom signed a bill on Monday that extends the state’s $330 million tax incentive for film and TV production. The program will be extended for five years through 2030. For ...