Blockbuster Changes Pitched for Georgia’s Film Tax Credits

Explainer
ECONOMY & BUSINESS
POLITICS & POLICY
TAXES,MONEY & GOVERNMENT
7 min read
1241 words
Key Points
  • Top Georgia lawmakers proposed major changes to Georgia’s Film Tax Credit program.
  • The changes include eliminating the ‘transferability’ of film tax credits.
  • Lawmakers also want to put an annual $900 million cap on tax credits.
The Gist The Georgia Senate Finance Committee’s proposed changes to a sweeping tax bill would make film tax credits non-transferable and put an annual cap on the program, a reform that critics of the credits say is necessary, but advocates say would crush Georgia’s booming film and TV industry. Note: On Mar. 31 the Senate ...

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