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Arizona Governor Allows $125 Million Film Tax Credit to Become Law
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.
