The bill, proposed by State Representative Joe Ciresi (D-Montgomery), aims to bring film production back to the commonwealth by expanding the film production tax credit. The memo said that a lack of funding causes Pennsylvania to turn film projects away because the state’s tax credit level is capped at $100 million.
According to the Pennsylvania Department of Community and Economic Development, 592 projects have been approved for tax credits, which have pumped $4 billion back into the state’s economy. Ciresi argues that filming in Pennsylvania generates jobs and economic activity in communities.
The legislation would expand the limit for the Film Production Tax Credit to $125 million. Ciresi says that this would be a first step in meeting the needs of the film production industry.
Additionally, bringing film production back to the state could potentially increase opportunities for tourism.
“Greater availability of these tax credits will bring more projects to the state, leading to more jobs and economic impact, more opportunities for tourism, and more hometowns spotlighted for the world to see and for us to take pride in,” said Ciresi.
The Hershey Company revealed earlier in April that a “major motion picture” featuring Milton and Catherine Hershey will begin production next month in Pennsylvania, including Lancaster and Hershey.
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