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MPA Study Projects Federal Film Tax Credit Would Create 143,000 Jobs and $125 Billion in Spending

Lawmakers have unveiled the Motion Picture, Television, and Entertainment Revitalization Act, proposing a 20% federal tax credit to curb runaway production and restore domestic entertainment jobs.

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The proposed federal tax credit aims to bring film and television production jobs back to the United States.From: Bipartisan Bill Introduced in Congress to Create 20% Federal Film Production Tax Credit

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The legislation offers a 20% base credit with stackable bonuses that can reach up to 30% of labor costs.From: Bipartisan Bill Introduced in Congress to Create 20% Federal Film Production Tax Credit ·
The MPA study projects that a federal incentive would more than double annual production spending by 2035.From: MPA Study Projects Federal Film Tax Credit Would Create 143,000 Jobs and $125 Billion in Spending ·
Advocates argue a national credit is necessary to fill domestic soundstages that have lost work to international tax havens.From: MPA Study Projects Federal Film Tax Credit Would Create 143,000 Jobs and $125 Billion in Spending ·

Timeline

September 2026

  1. Bipartisan Bill Introduced in Congress to Create 20% Federal Film Production Tax Credit
  2. MPA Study Projects Federal Film Tax Credit Would Create 143,000 Jobs and $125 Billion in Spending