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Georgia Bill Capping Annual Film & TV Production Tax Credits Sails Through House
The Georgia House approved legislation closely followed by the entertainment industry that would cap transferable production tax credits each year.
The bill now heads to the Senate, then to the governor’s desk and prevailing wisdom sees it sailing through, as it just did, albeit with some opposition on the House floor. The people we will hurt are Georgians – carpenters, caterers small mom and pop vintage clothing stores that have grown to serve the film industry.” The bill, which would take effect starting in 2026, limit annual tax credit transfers to 2.5% of the state budget, which would come to about $900 million at current levels.
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