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Making movies in Mass gets boost with tax-credit extension; George Clooney, Ben Affleck, Leonardo DiCaprio, Jennifer Lawrence, Liam Neeson

By 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to the $47.65 billion spending plan for next year, and all other amendments involving revenue and taxes were quietly withdrawn with no vote or debate over possible tax increases or reductions.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.

Could Massachusetts make the film tax credit permanent? Proposal added to House budget

Could Massachusetts make the film tax credit permanent? Proposal added to House budget MassLive.com 1 hr ago Steph Solis, masslive.com © Aviva Luttrell Ryan Reynolds films a scene for his new movie, Free Guy, in downtown Worcester on Wednesday, May 22, 2019. After years of public debate over the fate of the state’s film tax credit, Massachusetts House lawmakers approved an amendment to make the tax credit permanent as part of the fiscal 2022 House budget. Rep. Tackey Chan’s film tax credit amendment to kill the sunset, which was set for Jan. 1, 2023, was the first proposal taken up during the House’s budget debate Monday afternoon. The House unanimously voted for the amendment, 160 to 0.

Massachusetts House votes to keep tax credit for film industry

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to the $47.65 billion spending plan for next year, and all other amendments involving revenue and taxes were quietly withdrawn with no vote or debate over possible tax increases or reductions.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

Making movies in Mass gets boost with extension of tax-credit incentives
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

House votes to remove sunset clause on film tax credit

House votes to remove sunset clause on film tax credit
berkshireeagle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from berkshireeagle.com Daily Mail and Mail on Sunday newspapers.

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