“For years, I’ve been championing a federal film tax credit to stop the exodus of TV and film production leaving the United States for countries offering higher incentives. Now, we have the best opportunity in decades to get it done. The direct and indirect jobs created by this creative and talented workforce are enormously important, and we want to make sure they stay in this country. With the support of the White House, our bill will create an overdue federal program to bring the movie magic back to America while creating thousands of jobs and spurring local economic growth across the nation. This legislation has bipartisan, bicameral support, and it’s time we get this passed,” said Senator Schiff.
Pass the Motion Picture, Television, and Entertainment Revitalization Act to create a federal film and television production tax incentive.
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