Grab those state tax credits while you can, Filmmakers! It looks like some states are preparing to tighten their budgets and some production incentive programs may be lead to the chopping block!
The New York Times has this to say about the potential production incentive bloodletting: States Weigh Cuts in Hollywood Subsidies
For more on state production incentives, see chapter 6 of the second edition of The Pocket Lawyer for Filmmakers.
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