With the cinema and television industries contributing nearly 33,000 jobs and more than $1.1 billion to Ohio’s economy, U.S. Sen. Sherrod Brown (D-Ohio) helped include a provision to the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act, legislation passed this week by the Senate Finance Committee.
The provision would extend a tax credit for productions that film 75 percent of their product or more in the United States. Brown’s efforts follow this week’s Cleveland premiere of the new “Captain America” film which was predominantly shot in Ohio.
“Ohio has always been at the forefront of creativity and innovation,” Brown said. “Our film supply chain is another example that Ohio knows how to make things. Movie and TV studios contribute nearly 33,000 jobs and more than $1 billion to our economy. In order to continue creating jobs and growing our local economy, we should do everything we can to give studios incentives to make their films here in the United States.”
To read the full article, please click the source link below:Film industry credited with contributing $1 billion to Ohio's economy »