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Committee endorses city resolution backing expansion of state film and TV tax-credit cap to $750 million
Summary
The Rules, Elections and Government Committee voted unanimously to back a city resolution urging the state to raise the annual cap on its film and television tax credit program to $750 million; industry representatives testified at public comment about lost productions and local economic harm.
The Rules, Elections and Government Committee unanimously voted to approve a resolution recommending that the city’s state legislative program support expanding the annual cap on the state film and television tax credit to $750 million.
The measure, discussed as agenda item six, drew public comment from local film-industry supporters who said production and local jobs have fallen and urged prompt legislative action. Noel Steeman, a film-industry representative, told the committee the petition behind their request has garnered more than 26,000 signatures and urged the committee…
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