Wash. Senate tries to revive film incentives
Tuesday, February 14, 2012
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OLYMPIA, Wash. (AP) -- Washington's Senate is trying to revive a tax incentive program designed to lure movie production to the state.
Senators voted 40-8 on Tuesday to bring back the tax credits, with supporters saying it will draw business and spending to the state. Opponents complained that the program gives away $3.5 million a year when the Legislature is slashing spending in schools and other programs.
The tax program offers a 30 percent rebate off the amount of money spent in the state. It expired last July after the state House declined to take a vote on the issue.
Film industry officials have warned that Washington will lose out on film productions because the state can't compete with incentives in Vancouver and Oregon.
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