Georgia has dropped an effort to cap its billion-dollar film and TV tax credit, after the state House and Senate could not reach agreement on the issue. Lawmakers have been working for nearly a year on proposals to rein in the incentive, which is the largest of any state in the nation.

Topics:  tv   house   senate   general   georgia   billion-dollar film   tax credit   effort to cap   state   
BING NEWS:
  • Georgia Drops Effort to Cap Billion-Dollar Film Tax Credit
    Georgia has dropped an effort to cap its billion-dollar film and TV tax credit, after the state House and Senate could not reach agreement on the issue. Lawmakers have been working for nearly a ...
    03/28/2024 - 8:34 pm | View Link
  • Georgia Drops Effort to Cap Billion-Dollar Film Tax Credit
    Such a cap would likely not be imposed any time soon. Reserves have soared in the last three years, reaching 45% of revenues in the 2023 fiscal year. The reserve fund fell below the 10% threshold ...
    03/28/2024 - 3:23 pm | View Link
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