State Lawmakers Hear Pros and Cons to Film Tax Credit

massachusetts state houseBOSTON (AP) — Supporters of the state’s film tax credit packed a Statehouse hearing to argue against Gov. Charlie Baker’s proposal to do away with the decade-old tax break for movie and TV production in Massachusetts.

Baker wants to use the money that would be saved to double the state’s earned income tax credit that goes to low-income working families.

Secretary of Economic Affairs Jay Ash told the Legislature’s Revenue Committee that for each dollar spent on tax incentives for the film industry, the state gets only 13 cents back in revenue.

Administration officials also said nearly two-thirds of film production spending wound up in the hands of non-Massachusetts residents or businesses.

But supporters of the tax credit strongly disagreed, telling lawmakers it has helped create thousands of jobs and has boosted thousands of small businesses around the state.



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