Bill Extends Georgia Tax Credit Out of State
Friday, February 13th, 2015
Movie and television productions in Georgia could claim a state tax credit even for certain kinds of work done out of state, under legislation proposed in the state House.
House Bill 285, filed Wednesday by Economic Development Committee Chairman Ron Stephens, R-Savannah, deletes the requirement that post-production footage must be shot in Georgia to qualify for the credit. It also lowers the threshold for qualifying for the credit, from $500,000 in investments in Georgia down to $250,000.
