ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
The Georgia General Assembly originally enacted the Georgia Entertainment Industry Investment Act in 2008.
On April 30, 2015 the governor of Georgia as signed into law a bill (HB 339) that extends the income tax credit available for qualified film, video, or digital production companies to January 1, 2019, but also requires the commissioner to develop an application process and requires credit recipients to report on the number of full-time employees subject to Georgia withholding.
The bill caps the credits at $25 million in 2013 and $12.5 million in subsequent years.
The GTA includes state guarantees and other financial incentives that are likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, and from foreign subsidiaries.
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