Promote Economic Development through Increased Film Incentives
| Category: | Digital Media Production |
|---|---|
| Status: | Defeated |
| Sponsor: | Representative Suzanne Salisbury, House 35 |
| Session: | 130 |
| Bill #: | LD 1334 |
Position:
Monitoring.
Summary:
Representative Salisbury of Westbrook makes multiple changes to the tax credits available to visual media production companies operating in the State. The bill makes the available tax credits refundable, increases the credits for certain expenses incurred in Maine and for hiring residents of Maine and offers additional credits for visual media productions that are located in certain Maine counties, are set in Maine or have a lead cast member, writer or director who is a Maine resident.