U.S. Lawmakers Unveil 20%-30% Federal Film Incentive Bill
Bipartisan legislation would grant a 20%-30% federal film credit stacking on state incentives, after a slump that cost L.A. more than 50,000 jobs.
Bipartisan legislation would grant a 20%-30% federal film credit stacking on state incentives, after a slump that cost L.A. more than 50,000 jobs.
A proposed federal tax incentive for film and TV production has been welcomed in Hollywood, stacking atop subsidies in more than three dozen states including California.
More than 60 countries run lucrative tax credit programs drawing film and TV production away from the US, raising pressure for a federal film tax credit.
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