Ferrante calls bill a true stimulus package
Katie Lannan
State House News Service
State representatives on Monday gave a boost to tax credits for film production, land conservation and the rehabilitation of historic buildings as they dove into the likely days-long process of crafting their fiscal 2022 budget.
House lawmakers signed off on the three tax credit amendments before giving initial approval to the $47.65 billion spending plan for next year, and all other amendments involving revenue and taxes were quietly withdrawn with no vote or debate over possible tax increases or reductions.
Introducing the bill, House Ways and Means Chairman Aaron Michlewitz said his committee s budget proposal aims to rebuild a stronger version of the state s economy as it begins to emerge from the COVID-19 crisis, with investments like $50 million for adult education, $5 million for tourism marketing, and a $10 million offshore wind career training program.
Making movies in Mass gets boost with extension of tax-credit incentives
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House votes to remove sunset clause on film tax credit
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