Budget Increase for Film Tax Credit Program

Pennsylvania’s 2022-2023 annual Film Tax Credit Program budget received a 42% increase this year pushing the program’s available yearly funding from…

Pennsylvania’s 2022-2023 annual Film Tax Credit Program budget received a 42% increase this year pushing the program’s available yearly funding from $70 Million to $100 Million.  The increase will allow Pennsylvania to attract more film investment to the State as producers are typically more willing to go to states that bring them the largest benefit for their investment.  This tax credit increase is a result of years of collaboration between industry groups such as the Pennsylvania Film Industry Association, Philadelphia Film Office, Pittsburgh Film Office and others with Pennsylvania legislators, particularly the Legislative Film Caucus.  For more information, please see the following story:

https://www.phillyvoice.com/pennsylvania-film-tax-credit-production-state-budget-30-million/

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