Lawmakers shouldn't fall asleep on film tax credit

Another state tax credit program is due for renewal shortly and we hope lawmakers don't lose sight of it.

 

The state's $100 million tax program designed to lure TV and film producers to the area is set to expire in 2013. Already a bill emerged and passed the Senate last year to extend the credit another 10 years and $200 million. We would encourage the House to take up the issue this year.

According to reports, the program has approved a total of about $14.3 million in tax credits for almost three dozen productions. That includes 16 reality projects and 10 feature films that spent a total of nearly $45 million in the state since the program began running in late 2009.

That's not to mention all the benefits that come from having Alaska at the top of vacationers', investors' and business executives' minds. That kind of marketing is priceless.

And let's face it -- we like seeing ourselves and our state on screens both large and small.

Lawmakers would be foolish to not take a long look at the extension of the film credit program -- many in the industry cite it as the reason they're here. Let's keep them.

More

Op-ed: Reince for president

It’s been a rough week for the White House, so reportedly — yet again — Reince Priebus might get fired.

Read more

What others say: Popularity takes a toll on wilderness areas

Oregonians are rightfully proud of the stunning scenic beauty of their state and are accustomed to striking out to experience it whenever they wish, backpacking... Read more

Op-ed: Witch hunt witchcraft

The Democrats need to be careful. Already they’re overreacting to the disclosures that Don Trump Jr. and other Trumpsters met with a Kremlin insider seeking... Read more

Op-ed: The state is not God

Anyone looking for another reason not to leave life-and-death issues to the state need look no further than the conflict between the British government and... Read more