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Senate committee raises film tax-credit cap to $30 million and adds Montana-first sideboards
Summary
Senate Finance and Claims voted to raise the media tax‑credit annual cap from $12 million to $30 million with new carve-outs to prioritize Montana productions, domiciled companies and qualified facilities; supporters cited a multiplier effect, opponents warned of long-term budget risk.
Senator Greg Hurts introduced SB 326 to increase the annual cap on Montana's media (film) tax credit from $12,000,000 to $30,000,000. The sponsor presented fiscal modeling and an economic analysis that advocates say supports a higher cap because production spending in Montana generates multiplier effects in small communities.
Proponents from the Montana Media Coalition, Montana Chamber of Commerce, tourism organizations and local chambers said the credit…
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