Taxes

State competition for Hollywood productions heats up

Arkansas, Maryland, New Mexico and New York enacted laws this year that increase tax incentives.

Sophie Quinton

11:46 AM, Jun 06, 2023

Actor Jeremy Renner poses for a photo with Democratic Assemblywoman Brittney Miller in Carson City, Nev., on Monday, May 22, 2023. Renner spent Monday pitching an amendment to Nevada lawmakers to include his home region in a tax deal to expand the film industry to Las Vegas. But his hopes of making northern Nevada a film hub are likely on hold after the bill sponsor said it’s too late to add his project. (AP Photo/Gabe Stern)

State lawmakers are racing to increase subsidies for TV and film production, fearing that not doing so could mean missing out on opportunities to attract jobs and showcase their state.

Governors in at least four states — Arkansas, Maryland, New Mexico and New York — this year enacted laws that increase film tax incentives. A bill on Missouri Gov. Mike Parson’s (R) desk would bring back an expired tax credit.

Stay informed
Subscribe to keep reading.

Sign up today to get the latest state new at your fingertips and in your inbox.

View Memberships