Georgia’s film tax credit is massive. How big? What Hollywood got in tax credits in 2019 was more than what the state spent on the Department of Public Health, and the combined budgets for State Troopers and the Georgia Bureau of Investigation.
No other state, including California and New York, spends as much as Georgia on incentives for the entertainment industry.
Surpassing $850 million credits issued in 2019, the most recent fiscal year with complete data, the film tax credit is larger than many essential government programs.
It’s a booming program that lets most film companies pay off their state taxes with tax credits up to 30% of the value of their in-state expenses. To understand how the credit got so big, it's important to understand how it works and what options states have to incentivize the film industry.