Earlier this month, state legislators approved sub-House Bill 33 in a big win for regional theater and film productions. A senate revision in June nearly capped the tax credit at the $50 million mark but that did not go through. ๐ฌ
The increase is set for two waves, a rise from $40 million to $50 million for the current fiscal year, which began this July, with an added $25 million in infrastructure and production tax incentives set for the 2024 fiscal year. At least $5 million will be allotted to Playhouse Square.
Bringing the total to $75 million meets the goal expressed by Greater Cleveland Film Commission President Bill Garvey, who expects the increase will bolster production and relevant jobs within the state.
โThe great thing about this region is itโs such a chameleon to be a filming destination for many, if not most stories to be told,โ he says. โAnd that's a great advantage that we have over other regions. We have been so versatile in telling stories over the last 14 years o...
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