Social and Behavioral Sciences Commons^™

Film And Television Production In Massachusetts: The Beginning Of Hollywood East?, Pacey C. Foster, David Terkla

David G. Terkla

After declining in the 1990s (laubacher, 2006), the Massachusetts film and television industry reached a nadir with the closing of the Massachusetts film office in 2002. To revitalize this once-thriving local creative industry, in 2005 the state legislature passed a tax incentive plan that provided a bankable tax credit for qualifying motion picture and television productions in Massachusetts. As updated in 2007, the Massachusetts film tax credit (FTC) provides a refundable/transferrable tax credit for 25% of qualifying wage and non-wage production expenses and a sales tax exemption for qualifying in-state spending. Massachusetts joined, at the maximum, 43 other states in …