Skip to main content

Senator Pileggi to introduce bill to 'uncap' film production tax credit

06/12/2013 06:11PM, Published by ACL, Categories: In Print, Opinion, News



Senate Majority Leader Dominic Pileggi (R-9) has announced that he will introduce legislation to “uncap” Pennsylvania’s successful Film Production Tax Credit program, allowing it to be used more efficiently to create jobs.

“The film tax credit has created an industry in Pennsylvania,” Sen. Pileggi said. “Establishing an ‘uncapped’ program here, as about a dozen other states have done, will allow us to take full advantage of the program’s potential.”

With an “uncapped” credit, Sen. Pileggi said, the Department of Community and Economic Development will have more flexibility to commit to multi-year productions and will be able to more effectively budget for the film tax credit. The General Assembly would continue budgeting the estimated amount of the credit in each fiscal year.

Other states with an “uncapped” credit have seen a significant increase in the number of film and television productions in the state, along with a corresponding increase in the number of film-related jobs.

A detailed report from the Independent Fiscal Office, released today, concludes that “uncapping” the film tax credit would have a significant positive impact on Pennsylvania’s economy with a minimal cost in the coming fiscal year.

The program, created in 2004, encourages film and television production work to be done in Pennsylvania. To qualify for a credit, a production must incur at least 60 percent of its production expenses in Pennsylvania. The amount of the credit is equal to 25 percent of qualified production expenses.

Recognizing the growing importance of digital interactive media, such as video games, and the need to support the growing number of Pennsylvania businesses creating jobs in the film and television industries, Sen. Pileggi’s bill will also create a tax credit for video game production done in Pennsylvania, and provide a new incentive for film and television post-production work to be done in Pennsylvania.


Like what you're reading? Subscribe to Chester County's free newsletter to catch every headline



senate dominic pileggi


You might also like

Pileggi announces museum grants

Dominic Pileggi last week announced that $76,130 in state grants have been awarded to museums in Chester County and Delaware County.

Stop the discrimination against special education students

Stop the discrimination against special education students

Sen. Tartaglione says PA minimum wage should be $10.10 per hour

State Sen. Christine M. Tartaglione said that she will replace her proposal to increase Pennsylvania’s minimum wage to $9 an hour with a new bill that would increase it to $10.10 by 2016.

  • Hand-blown Glass Open Studio & Sale

    12/21/2014
    10:00am — 06:00pm

    December 16, 2014 — West Grove, PA. Chester County glassblowers Michael Schunke and Josie Gluck o...


  • Christmas at Milburn Orcha

    12/21/2014
    11:00am — 03:00pm

    Free photo with Santa! Plus, you are welcome to bring your own camera! Skip the long, hectic li...


  • Christmas Spectacular

    12/22/2014
    05:00pm — 08:00pm

    Dec. 13 & 20 - Noon – 7pm Gift shop; First 50 shoppers receive a free holiday bag of chips with $...


  • Christmas Spectacular

    12/23/2014
    05:00pm — 08:00pm

    Dec. 13 & 20 - Noon – 7pm Gift shop; First 50 shoppers receive a free holiday bag of chips with $...


  • Being____ at Christmas

    12/25/2014
    10:00am — 05:00pm

    Snowy. Jewish. Happy. Caring. Buddhist. Generous. Family. Creative. Friendly. Sparkly. Fill in ...


 

 

Chester County High School Sports