Gene Maddaus Senior Media WriterArizona has adopted a new tax credit for film and TV production, as the state aims to attract productions that have gone to New Mexico and other states in recent years.Gov.
Doug Ducey, a Republican, allowed the legislation, HB 2156, to become law without his signature on Wednesday. Ducey’s office declined to comment on the unusual maneuver.The program will provide a refundable credit worth 15% to 20% of qualified production costs, plus additional bonuses for meeting certain criteria.
The credit is designed to incentivize the construction of two large soundstage facilities in the Phoenix area.“It’ll be good to put Arizona on the map again,” said state Rep.
Mitzi Epstein, D-Tempe. “We have some beautiful places here that make stunning backdrops.” The bill passed both houses of the Legislature last month with bipartisan support.
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