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Wednesday, December 03, 2014

Md. To Consider Ending Film Tax Credits

ANNAPOLIS, Md. (AP) — Maryland lawmakers will be talking about whether the state should stop giving tax credits to attract film productions.

A hearing is set in Annapolis on Tuesday to discuss a report by nonpartisan state analysts. They are recommending Maryland’s film production tax credit be allowed to end as scheduled in July of 2016. That’s because economic development activity sparked by movies and TV shows doesn’t last after production ends.

Maryland has handed out $62.5 million in subsidies to Hollywood studios between fiscal years 2012 and 2016. Most of that money has gone to two shows: “House of Cards” and “Veep.”

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2 comments:

  1. AnonymousDecember 3, 2014 at 8:57 AM

    Ditch these subsidies, Governor Hogan! The return on investment is nowhere near what was touted in the selling points.....

    Let them peddle their male-bovine-excrement elsewhere!

    ReplyDelete
  2. AnonymousDecember 3, 2014 at 9:47 PM

    Gee, no kidding? Don't last? Gee, no kidding?

    DUH!

    ReplyDelete

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