New Jersey Makes Its Move To Steal Production Away From New York
It is impossible to underestimate the roll tax rebates play in Hollywood decision-making.
It’s the reason Wakanda was created in Atlanta, “The Americans” faked ’80s Washington in Brooklyn, and why there are suddenly a lot of television shows with a “Breaking Bad”-like vibe: Georgia, New York and New Mexico are three states that have a fully funded a tax incentive program that refunds 30% of production costs.
Georgia also extends the rebate for above-the-line.The latest hopeful is in New York’s backyard.Yesterday, New Jersey took a big step toward becoming the newest production hub when the State Assembly passed a $85 million a year tax-credit incentive for New Jersey-based film, television and digital productions ($75 million a year earmarked specifically for movie and TV), which Governor Phil Murphy has given every indication he will sign and put into effect in 2019.
The program will run through 2023.Under the Governor Christie,
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