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Film industry insiders say new tax credit will boost jobs, bring big productions to MT
The bill provides tax credits that companies can utilize. Essentially, they can get a 20% production expenditure transferable tax credit, with additional add-on incentives that can increase the credit to a maximum of 35% of the total production investment. The additional incentives include higher tax credits for Montana resident crews.
On Tuesday, Gov. Steve Bullock’s office said companies including Netflix and Disney are reconsidering filming in Georgia if a recently passed bill there restricting women’s reproductive rights goes into effect. So, Bullock sent a letter asking those companies to consider filming in Montana. Malek, the state senator from Missoula, also said the Georgia law represents an opportunity for Montana to lure studios.
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