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Newsom wants to give California’s film industry $750 million in tax credits – What’s Montana doing?
October 28, 2024 /
Newsom proposes granting the industry $750 million in tax breaks annually, up from the current $330 million cap.
Montana Media Coalition wants to keep film industry alive for Montana Filmmakers
“This is such an important legislative session. I cannot emphasize enough how important this is, we could have 1000 displaced MT workers,” said Lynn-Wood Fields, MT Media Coalition president, at the beginning of her presentation. The media credit cap included in the MEDIA Act is what incentivizes filmmakers to shoot in Montana. Since 2022, that cap has been $12 million per year, but it won’t renew after 2024.
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