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Legislature’s paltry film cap kills plans for media hub in Missoula; sends jobs elsewhere – “A compromise to satisfy Governor Gianforte.”

Gianforte

A paltry increase to the cap placed on tax credits offered to film productions in Montana this legislative session has left businesses and elected officials scratching their heads, asking how the measure “went south” during the closing days of the Legislature.

House Bill 340 sought to expand the state’s tax incentives to entice further growth of the film industry in Montana. The state had capped the credits at just $10 million before the 2021 session, though it looked poised to boost that cap to around $250 million.

But in the end, the Legislature settled on a cap of $12 million – a boost of just $2 million for an industry poised for growth and job creation.

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