Erik Pedersen Managing EditorDays after local politicians and the MPA trumpeted that Georgia is reopening its busy film and TV production sector, the future of its lucrative tax credit incentive program suddenly appears cloudy.
The state’s Senate Finance Committee has axed parts of wider legislation that would have expanded the program that’s worth $800 million a year.The Atlanta Journal-Constitution reported Monday that one member of the panel raised the idea of capping the Peach State’s tax credit spending but another said the issue should be studied further.
The paper noted that Georgia spends far more on tax credits for the film industry than it does on most state agencies and programs.
Read more on deadline.com
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