New Law Could Bring Hollywood Revenue to Indiana

If you ever sit through the credits after a movie, you might notice a thank you to the areas they filmed in. Georgia is a popular location for movies and television shows to film in, and Indiana wants some of that Hollywood love, too.

Let’s Make a Movie

Some of you might remember when ‘A League of Their Own’ filmed in Indiana. It was so exciting to know that there were real movie stars staying in Evansville, and if you were an extra, you got to see the action in person. That doesn’t happen in Indiana very often, but thanks to a new law that Governor Mike Braun signed, the people who make films might consider Indiana in the future.

What is the SEA 306 Indiana Law?

Certain states, like Georgia, are great for movie and TV backdrops because it is beautiful, but scenery is not the number one reason. It’s all about the money. Georgia and Ohio were both featured in the new Superman movie by James Gunn, and both states offer a nice tax incentive for movie companies to film in their states. Illinois and Kentucky also offer different incentives, so Indiana needs a reason for movies to be made here. Bringing a film crew and production teams into an area certainly generates all kinds of revenue.

Now, Indiana also offers a tax incentive for movie makers thanks to SEA 306:

Film and media production tax credit. Provides that a taxpayer may assign any part of the film and media production tax credit (credit) that the taxpayer may claim. Sets forth the procedure for a taxpayer to make the assignment. Establishes a limit of $250,000 for any single tax credit provided. Limits the aggregate amount of tax credits that may be provided to $2,000,000. Extends the credit’s expiration date from July 1, 2027, to July 1, 2031.

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