Film Tax Credit Still in Budget
The Pennsylvania Film Tax credit is still here, it's just not as big.
The new budget allows $42 million for the program this year and $60 million next year. It had been $75 million.
The Film Tax Credit program started in 2007 and provides a tax credit to film productions that spend 60 percent of their budget in Pennsylvania.
Producers for the movie "Unstoppable" say the film tax credit was one of the deciding factors in bringing them to Pennsylvania.
Many businesses in McKean, Cameron and Elk counties benefited financially while "Unstoppable" was filming in the region.
The new budget allows $42 million for the program this year and $60 million next year. It had been $75 million.
The Film Tax Credit program started in 2007 and provides a tax credit to film productions that spend 60 percent of their budget in Pennsylvania.
Producers for the movie "Unstoppable" say the film tax credit was one of the deciding factors in bringing them to Pennsylvania.
Many businesses in McKean, Cameron and Elk counties benefited financially while "Unstoppable" was filming in the region.
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