Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Preliminary film production study finds $64.6 million gross economic impact, recommends incentive and staffing changes
Summary
A preliminary report from consultants on the Arkansas film production incentive estimates $64.6 million in gross value added between FY2014 and FY2025 and recommends reforming incentives, linking expansion to industry development, expanding the Arkansas Film Commission, and improving data collection.
Consultants presenting a preliminary film production study told the House Public Health, Welfare and Labor Committee that incentivized production between fiscal 2014 and 2025 has produced an estimated $64.6 million in gross value added (GVA) for Arkansas and a gross return on investment of about $4.6, though consultants said they are still removing economic deadweight to report net figures.
Marty Garrity of the Bureau of Legislative Research introduced the initial report from Olsburg…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
