Congress and Hollywood tout economic study in push for federal film tax credit
Members of Congress and Hollywood leaders are supporting a new economic study that advocates for a federal tax credit aimed at encouraging film and television productions in the United States. The study, conducted by Olsberg SPI for the motion Picture Association, suggests that such a tax credit would generate significant economic benefits nationwide and boost the proportion of global productions taking place in the U.S.
Members of Congress and leaders within Hollywood are using a newly published economic study to bolster their arguments for a federal tax credit that would incentivize film and television productions in the United States.
The study, conducted by Olsberg SPI on behalf of the Motion Picture Association, found that a federal film and television tax credit would result in major economic benefits for the nation while increasing the share of global productions made in the U.S.
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