After nearly two decades, Georgia lawmakers have proposed cutting back on the state's generous tax credits for film and TV productions, but the proposed cuts are much too meager to make a difference.
Georgia's entertainment tax credits have been in place since 2005. A film or TV project can qualify for a 20 percent tax credit, plus an additional 10 percent if the final product includes a "Made in Georgia" logo. A production company must spend at least $500,000 in the state to qualify. The generous subsidies led to a boom in production, leading Atlanta to become the "Hollywood of the South."
