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Ohio House approves tax credit for film industry

Ohio House approves tax credit for film industry

Columbus- It wasn’t “Gunfight at the O.K. Corral,” but state lawmakers exchanged a hail of partisan fire before approving a tax credit for Ohio’s film industry that backers say would bring jobs to the state.

In a 50-39 vote, House lawmakers approved House Bill 196, which would grant a 25 percent tax credit on total investments made in Ohio by film companies. The credits would be transferable from shoot to shoot, but would be capped at $100 million. The vote was along party lines, with Republicans voting to get the cameras rolling while House Democrats yelled “Cut!” because of concerns about corporate giveaways.

The bill, which heads next to the Senate, is one of a handful being considered in the lame-duck session of the Republican-controlled legislature that could face a roadblock at Democratic Gov. Ted Strickland’s desk

Thursday, December 04, 2008

Aaron Marshall
Plain Dealer Bureau

2 Responses to “Ohio House approves tax credit for film industry”

  1. crystal says:

    I like the way you think. I’m going to tell some of my friends on the left about your website.

  2. the film industry is of course a multi billion dollar industry that employs a lot of people :;:

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