Some lawmakers want to get rid of a tax credit program designed to encourage film production in the state — but others want to expand it.
Film Tax Credits
Hundreds of millions of dollars in tax incentives have bolstered Connecticut’s film and digital media industry. The state Department of Economic and Community Development says it’s time to rein that in.
Posted inEconomic Development
CT economic development commissioner calls for cutbacks to film tax credit
DECD’s David Lehman: “Does the cost exceed the benefit here? I think that’s something the General Assembly should explore.”
Posted inEconomic Development
New report says CT’s investments in the film industry are paying off
A state-commissioned study found tax credits have kept film production from leaving CT — but the costs are rising as the industry has grown.
Posted inEconomic Development
Tax credits to film companies have cost CT hundreds of millions. Officials are evaluating whether they’re worth it.
A study is underway to evaluate whether Connecticut should keep rolling out the red carpet for a fleeting industry.