Fontana Discusses Expanding Film Tax Credits

Now is the time to consider increasing the Pennsylvania film tax credit, Fontana says.

In the past, I have discussed the benefits the Pennsylvania film tax credit has brought to our state, including the more than 16,300 direct jobs and over $739 million in wages. As the administration starts to draft a proposed 2013-14 budget in the coming months, now is the time to consider increasing the Pennsylvania film tax credit so that this very successful program can continue providing financial perks to companies to come to our state and invest in our economy.

Currently, the film tax credit offers directors and producers who film 60 percent of their production within Pennsylvania a 25 percent credit in taxes. For this fiscal year, $60 million is available and has helped fund eight featured films, one documentary, eight television episodes, two television series and one television pilot. However, many film companies express that the credit goes too quickly and many smaller film companies never get a slice of the pie. In fact, Pennsylvania often has to turn potential offers down because of the lack of funding for this program.

The Pennsylvania Film Office has recently said that Pennsylvania could host more productions in the Commonwealth if lawmakers made an increased, multiyear commitment to the tax credit program and have suggested the cap be set between $100 and $150 million for the upcoming fiscal year.

One of the stated reasons for a multiyear commitment is because television series are planned for several seasons and producers need assurance that a tax credit will be available for several years after they start shooting at a location. Furthermore, numerous surrounding states offer a film tax credit for multiple years with a much larger cap than what Pennsylvania is offering.

The film tax credit has a solid track record for returning the investment to our state and that is why I think we should explore an increase for the program. In order to continue competition with surrounding states, Pennsylvania must keep our tax credit offer attractive as well.


Senator Wayne D. Fontana

42nd Senatorial District


Lawrence J Martucci December 05, 2012 at 06:59 PM
Thank you Senator Fontana for your support of increasing the film tax credit. As you stated we, the state of Pennsylvania , are losing out on more film and television production because of the lack of funding. I work in the film industry in Philadelphia and get frustrated when a production, like the Bradley Cooper/ David O. Russell project, wants to come here and film but is told there is no more tax credit money. Now come Feb 2013 there will be hundreds of more people filing unemployment benefits. This would not happen if the state had a more viable tax credit. I salute you and support you on standing up for our industry. Thank you, Larry Martucci Teamster


More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something