Tag: film tax credit
Benefits of film tax credit debated at legislative hearing
The benefit of extending Maryland’s film production tax credit were debated Tuesday as state lawmakers heard testimony from supporters of the credit.
“To turn our backs on all the efforts made by the General Assembly would be devastating,” said Hannah Byron, assistant secretary for Tourism, Film & the Arts of the Maryland Department of Business and Economic Development.
Read MoreProposal to triple film tax credit would bring more jobs and prominence to Maryland, supporters say
Tripling the annual amount of the state’s tax credit for film production will create thousands of jobs and add tens of millions to the local economy, supporters of a bill to increase the tax credit to $22.5 million told a Senate committee Wednesday.
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