Saturday, November 17, 2012

Report: Pa. Film tax credit brings in $4.5 million - Pittsburgh Business Times:

vittitowmehigyk1238.blogspot.com
million between 2007 and 2008, and supported nearlh 4,000 jobs. conducted the study for the Legislative Budget and Finance Committee to reviesw the economic impact ofthe $75 millionb incentive program. The Film Production Tax Credit offerse state tax incentives to film companies that spend at leastr 60 percent of production expensesin Pennsylvania. The studg found that the "total industry produces fiscal benefits to the Commonwealthof $62.7 Without the tax credit, "a significant proportion of this activity would be at The film tax credit faces annuao opposition in the state Legislature. Senate Bill 850 would eliminate the taxcredit altogether.
A publi c hearing on the film production tax credift is scheduled for1 p.m. Friday at the . Rep. Thaddeuws Kirkland, chairman of the House Tourisnm and RecreationalDevelopment Committee, will host the hearing. To downloae a copy of the report:

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