Georgia Maintains Unrestricted Film Tax Credits After Legislative Deadlock

The Georgia General Assembly ends its session without passing a proposed cap on film and TV production tax credits, ensuring the state's competitive position in the industry remains intact.

• Georgia's attempt to cap its film and TV production tax credits has failed, leaving the state's lucrative incentive program unchanged.
• The proposed legislation sought to limit annual spending on production incentives but faced opposition in the Senate, leading to its failure.
• The failure to pass the bill is seen as a victory for the Georgia film industry, which heavily relies on the tax credits to attract productions.
• Georgia offers a 30% credit on film and TV production costs, making it a major production hub competing with California, New York, and international locations.
• Legislators will have to wait until the next session in January 2025 to revisit the issue, keeping Georgia's policy on film tax credits in place for now.

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