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House creates television-production tax credit program with $42 million annual cap
Summary
The House approved a new television-production tax credit program aimed at attracting TV series that commit major production spending in Mississippi, capped at $42 million annually.
House Bill 1880, presented on the Ways and Means calendar, establishes a new tax credit program to incentivize television series production in Mississippi. Sponsors described the program as parallel to the state's film incentives, tailored to TV-series producers who commit significant in-state spending.
Key provisions disclosed on the floor include: - Minimum Mississippi production spending: $4,000,000…
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