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Ohio Has Film Incentives!

After years of lobbying and working with lawmakers of both parties, moviemakers have finally received a tax credit.

Ohio becomes the 44th state to encourage moviemaking with tax benefits. It’s watched movies that logically could have been shot here go to other states offering generous incentives.

Ohio’s bill is less generous than many other states’ version. It offers a 25 percent credit. The limit is $30 million of credit on $120 million of production over two years.

Other states offer bigger incentives but some are cutting back because they have lost money.

Ohio’s bill offers slightly bigger breaks to Ohio firms hiring Ohio workers. That’s deemed to be more desirable than enabling investors to grab the tax break using out-of-town crews.

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