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Montana lawmakers debate increasing film tax credit; advocates say it boosts local businesses

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Kevin Costner

Kevin Costner was pictured this week perusing Scheels, a sporting goods store in Missoula, while lawmakers in Helena debated whether or not to extend and increase a tax credit designed to attract film moguls like him back to the state in the future.

On Friday, the Montana Legislature’s Revenue Interim Committee heard a presentation about the economic impact of Montana’s MEDIA Act tax credits. The law, enacted in 2019, has essentially broken even as far as the revenue it has brought in to the state government. That’s because while the state has doled out about $20.3 million in tax credits to film production companies, the state tax revenue generated by all film production companies and their spending has been about $20.3 million.

 

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Hollywood hits the Mining City: Yellowstone prequel “1932” to film in Butte Civic Center from July 1 to January 15, 2023.

“We’re gonna have a spotlight on our community that we haven’t had and you can’t even pay for that kind of advertisement,” said Chief executive J.P. Gallagher.

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