Reviving Iowa’s Film Industry
Proposed Tax Incentives
According to Des Moines Register, Iowa’s leaders are thinking about a new law to help bring movies back to the state. The proposed House Study Bill 731 would give big tax credit bill to movie studios making films in Iowa. This comes after past problems with Iowa’s old film tax credit bill program, which led to legal issues, millions of dollars lost and people going to jail.
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Iowa’s New Tax Credit Bill Boosts Film Industry – Hollywood Heads to Heartland! (PHOTO: The Quad-City Times)
Bipartisan Effort
Lawmakers support a new tax credit bill to boost Iowa’s film industry, aiming to rectify past errors and compete with other states. Discussions include proposals to lower budget requirements for tax credit bill with bipartisan backing despite some disagreements.
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