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Senate approves cap on motion-picture tax incentive after debate over economic payoff
Summary
Senators debated and adopted an amendment capping a proposed motion-picture tax incentive at $10 million (with $2.2 million already in the fund), approving a 20% production-based credit with pre-approval and post‑performance audits to attract large film projects to Utah.
Senate floor debate on Feb. 24 focused on Senate Bill 14, a motion‑picture incentive intended to lure larger film and television productions to Utah.
Senator Hilliard, sponsor of the bill, described Amendment 1 that caps total incentives at $10,000,000 — noting $2,200,000 is already in the fund and the amendment therefore authorizes roughly $7,800,000 of new credits. Hilliard said the credit would be capped at 20% of qualifying…
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