Filmmakers Want Tax Incentive Program Extended
Bill passed senate last session, now in house
Some film industry officials are urging lawmakers to extend the film tax incentive program that’s credited for bringing up a number of film productions to the Last Frontier.
Mike Devlin from Evergreen Films is urging the legislature to continue the tax incentive program to help keep its first 3-D production company here in Alaska.
The $100 million program approved back in 2009 is set to expire in 2013.
Under the current senate bill, sponsored by Senator Johnny Ellis, the program would be extended another 10 years and another $200 million.
So far the program has approved a total of about $14.3 million in tax credits for almost three dozen productions, including 16 reality shows and 10 feature films that spent nearly $45 million in the state since 2009.
The senate passed the bill last session but stalled in the house, which is expected to revisit the issue again this session.