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Legislation to support U.S. film industry intends to create jobs, boost economy
Bipartisan lawmakers introduced companion legislation in the U.S. House and Senate to encourage film and television production in the United States.
The bill would create a federal tax credit, with additional incentives for productions in rural communities and areas recovering from federally declared disasters.
Senator Tim Scott said the industry supported nearly 2.74 million jobs and generated $242 billion in wages in 2022, but those figures fell by 2024.
Supporters said the proposal would protect American jobs, strengthen local economies, and help bring production back from overseas.