Senate Majority Leader Dominic Pileggi said he plans to introduce legislation that would uncap Pennsylvania's film production tax credit.
Uncapping the tax credit, Pileggi said Thursday, could lead to a significant increase in the number of film and television productions in the state, and a corresponding increase in the number of
“The film tax credit has created an industry in Pennsylvania,” Pileggi said in a news release. “Establishing an uncapped program here, as about a dozen other states have done, will allow us to take full advantage of the program's potential.”
The tax credit, created in 2004, encourages film and television production
work to be done in Pennsylvania. To qualify for a credit, a production
must incur at least 60 percent of its production expenses in
The amount of the credit is equal to 25 percent of
qualified production expenses.
Pileggi said his bill would also create a tax credit for video game production
done in Pennsylvania, and provide a new incentive for film and television
post-production work to be done in the state.