The bad news regarding state film and television tax credits for films continues. Yesterday, it was reported that Pennsylvania is out of money for new projects applying for their incentive. Now, New Jersey is contemplating halting their incentive for fiscal year 2011, which begins July 1, 2010. Here is a letter I received from Tax Credits LLC. Senator Paul A. Sarlo, Chairman of the Senate Budget and Appropriations Committee, has called a special public Committee hearing to discuss the future of New Jersey’s Film and Digital Media Tax Credit Program. The Hearing will take place on Wednesday, June 9th, from […]
by Scott Macaulay on Jun 4, 2010