Important News For the Film Industry in Massachusetts.

The Governor’s proposed budget would cripple the state’s Film and Television Industry, hurt small businesses, and send thousands of Massachusetts jobs to other states.

From the Boston Globe, January 28, 2016

Massachusetts filmmakers assailed legislation filed by Governor Charlie Baker on Wednesday that would reduce the state’s film tax credit program, saying that it would hurt small businesses and force workers to leave the state.

Baker’s bill, which was filed with his $39.6 billion budget proposal, would reinstate the film tax credit program’s original $7 million cap per project — a cap that was lifted in 2007 — and make the credits no longer “refundable,” a mechanism by which filmmakers can cash in unused tax credits.

Read the full Boston Globe Article Here