HOUSE SPEAKER Ron Mariano won a major victory in budget negotiations with the Senate as the January 2023 sunset date for the state’s film tax credit was eliminated and all […]
Film tax credit
Posted inState House News Service, Uncategorized
Film tax credit headed for showdown
STATE HOUSE NEWS SERVICE AFTER INITIALLY encountering bipartisan opposition, the Senate Ways and Means Committee’s plan to overhaul the state’s film tax credit program is poised to sail through the […]
Posted inArts and Culture
Senate proposal pares back film tax credit
THE SENATE BUDGET committee is proposing major changes to the film tax credit, setting the stage for a major clash with the House over the lucrative incentives the state offers […]
Posted inArts and Culture
House follows Mariano’s lead on film tax credit
THE HOUSE, getting in line behind a high priority of Speaker Ron Mariano, unanimously passed a budget amendment on Monday that would do away with the planned sunset of the […]
Posted inArts and Culture
Film tax credit backers say they have the votes
SUPPORTERS OF THE state’s film tax credit, which came under fire this week from a commission examining Massachusetts tax breaks, say they have the votes to pass legislation that would […]
Posted inArts and Culture
Castle Rock’s impact called significant
A STUDY BILLED as the first of its kind indicates the initial season of Hulu’s Castle Rock television series received a projected $14.6 million in film tax credits from the […]
Posted inArts and Culture
Film tax credit sunset looms
THE CHAIR OF THE SENATE WAYS AND MEANS Committee sounds as if he is in no hurry to eliminate the sunset provision contained in the state’s film tax credit law. […]
Posted inPolitics
Industry sets stage for film tax credit fight
THE STATE’S CONTROVERSIAL film tax credit is due to expire on December 31, 2022, and that would mean curtains for several job-creating local businesses that have sprung up around the […]
Posted inEconomy
Netflix, Showtime to film series in Mass.
A PANEL DISCUSSION exploring the benefits of the state’s film tax credit turned into a press conference of sorts on Tuesday when a couple of the panelists disclosed new series […]
Posted inThe Back Story
CT Lottery taps MA film tax credit
LEAF THROUGH THE LIST of recipients of Massachusetts film tax credits and one name comes up year after year: the Connecticut Lottery. One might think the lottery, created by the […]
Posted inEconomy, Politics
Senate reins in movie star spending
THE MASSACHUSETTS SENATE put the state’s film tax credit in play on Tuesday, approving a budget amendment that would shave about $15 million off of the roughly $80 million in […]
Posted inEconomy, Politics
Baker: Tax credits should help local firms
GOV. CHARLIE BAKER said on Wednesday that he is filing legislation to pare back the cost of the state’s film tax credit and increase the reach of another tax break […]
Posted inEconomy, The Download
Running the math on Black Mass
The producers of Black Mass and the Motion Picture Association of America used some very selective Hollywood editing this week to plug the Massachusetts film tax credit. With the tax […]
Posted inArts and Culture, Economy, Politics
Senator still working on film tax credit changes
THE SENATE COCHAIR of the Legislature’s Revenue Committee said on Wednesday that he is still working on legislation that would reduce the cost of the state’s film tax credit. “It’s […]
Posted inEconomy, Politics
Earned income tax credit vs. film tax credit
GOV. CHARLIE BAKER made the first move, calling early in March for an expansion of the politically popular earned income tax credit and proposing to pay for it with money […]
Posted inEconomy, The Download
Baker’s movie play
Gov. Charlie Baker is demonstrating that he can roll out a budget very skillfully. Using the Boston Globe as his message delivery system, the governor this week has unveiled a […]
Posted inEconomy, The Back Story
Look who’s getting tax credits
The amount of film tax credits issued by the state plummeted in 2013. Some of the decline is undoubtedly due to paperwork timing issues, but the drop off is so […]
Posted inEconomy
Film tax credit spending flows mostly out of state
A new state report says the Massachusetts film tax credit program generated more than $300 million in new spending in 2012, but, as in past years, most of that money […]
Posted inArts and Culture, Economy
Studio report lauds tax credit
The Hollywood movie studios that benefit financially from the Massachusetts film tax credit released a report on Wednesday indicating the economic gains for the state as a whole are greater […]
Posted inEconomy
Cap on film tax credit voted down by House
The Massachusetts House rejected a bid to cap film tax credit expenditures at $40 million a year, with a top House leader saying a cap would end up killing the […]
Posted inEconomy, State House News Service
Film tax credit launching businesses
A.J. BOLES HAD AN IDEA big enough to drive a truck through. Through his work on a number of films in Massachusetts, including Shutter Island, filmed at the former Medfield […]
Posted inArts and Culture, Economy, The Back Story
Preview of coming attractions
MOVIE AND TELEVISION producers in Hollywood are already expressing interest in booking a film studio in Devens that is scheduled to open this coming summer, one of the studio’s executives […]
Posted inEconomy
State identifies tax credit recipients
The state for the very first time is identifying by name the recipients of eight state tax credits, allowing the public to see which businesses taxpayers are subsidizing. The report […]
Posted inEconomy
Group backs periodic reviews of tax breaks
A state commission assembled to review a $26 billion budget of tax breaks, deductions, and expenditures unanimously approved recommendations on Monday calling for periodic reviews to assess the effectiveness of […]