Late-coming bill extends tax incentive for film, TV production


Gov. Kate Brown is considering signing a measure that lures media production to the state.

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BY JACOB PALMER | DIGITAL NEWS EDITOR

Gov. Kate Brown is considering signing a measure that lures media production to the state.

House Bill 2171 was passed shortly before the end of the legislative session Monday and would extend a tax incentive for television and film production companies.

The fund allows the state to offer up to $10 million in total tax credits to attract film and television productions to Oregon. HB 2171 would extend the program by another eight years. The approval earned praise from one of Oregon’s best-known media types.

“This is a huge victory for our industry,” said David Cress, a “Portlandia” producer, in a letter sent to Oregon Media Producers Association members. “We are truly stronger when we stand together, and we share this victory as a community.”

(SOURCE: Portland Business Journal)

 




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