For Immediate Release
January 27, 2016
BOSTON – The Massachusetts Production Coalition, the leading voice for the film, television, and media production industry in Massachusetts, today released the following statement about Governor Baker’s plan to cut the state’s film and television production incentive. The proposal in the Governor’s budget would place a seven million dollar per-production cap on the value of the tax credit for any one motion picture and make other changes to the state’s successful film and television production incentive program.
“The film tax credit has made Massachusetts a leading film-making destination, supporting thousands of local families and creating a local industry that helps countless small businesses in cities and towns all across this state. Last year was one of the best ever for film and television production in Massachusetts, but the Governor’s bill would cripple this strong and growing industry and send these good-paying local jobs to competing states, and Massachusetts families would be forced to follow.”
“We don’t have to hurt local small businesses that benefit from film spending in Massachusetts in order to help local small businesses that export their goods out of state. Helping local manufacturers and building more affordable housing are important goals, but kicking the strong and growing film and television production industry out of our state will only hurt our economy and result in the loss of thousands of Massachusetts jobs and millions of dollars that go to local small businesses.”
Major motion pictures regularly spend millions of dollars on goods, services, and rentals with Massachusetts small business. High-budget films have a blockbuster impact on local workers and businesses, but they will no longer film in Massachusetts if the seven million dollar per-production cap in the Governor’s bill becomes law.
In 2006, the year before the per-production cap was lifted, there were only two major film productions in Massachusetts. In 2007, the first year after the cap was removed, the number of major film productions in the state jumped to seven, and in 2008, there were eight major film productions. At least sixteen major film productions and six television pilots since 2011 would have been produced somewhere other than Massachusetts had the Governor’s proposal of a seven million dollar per-production cap been in effect.
Since the film tax credit was expanded in 2007, film and television productions have purchased goods and services from thousands of small businesses in over 225 local communities — nearly 70% of all cities and towns in Massachusetts. The money generated by the production incentive program helps thousands of businesses, including diners, caterers, hardware stores, lumber yards, printing companies, cleaning companies, hotels, and countless others.
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