Film officials shoot for bigger Pa. tax credit
November 20, 2012By Associated Press
Pennsylvania film officials say the state could have more lights, cameras, action and jobs if lawmakers expand the $60 million movie tax credit.
Greater Philadelphia Film Office Executive Director Sharon Pinkenson says she is frustrated that Pennsylvania is losing business to other states. She wants the credit increased to $150 million.
The push for more funding comes as the Philadelphia-based movie "Silver Linings Playbook" opens in wide release Wednesday. The Pittsburgh-filmed Tom Cruise movie "Jack Reacher" will be in theaters next month.
Senate Majority Leader Dominic Pileggi supports the credit but says the weak economy means the state continues to face tough funding decisions.
State officials estimate film and TV productions have injected $1.4 billion into the Pennsylvania economy since 2007, based on $300 million in tax credits.