Minnesota Lawmakers Reach Deal on $5 Million Film Tax Credit

The Minnesota House and Senate have reached a deal to create a new $5 million-a-year tax credit for film and TV production in the state.The bill language was unveiled on Monday as the Legislature began a special session to pass a budget.

The budget package is expected to pass both chambers either later this week or next week, and is expected to be signed by Gov.

Tim Walz.The state has never had a tax credit for production.

The entertainment unions, led by SAG-AFTRA, have lobbied lawmakers to create one, arguing that films about Minnesota are currently shot out of state.

Several studios also supported the credit.Advocates for a credit have noted that the “Fargo” TV series was set in Minnesota but shot in Alberta, and later moved to Chicago.

They have also argued that “Blood on the Tracks,” a film based on the Bob Dylan album, should be

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