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Ohio
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OHIO-Bill Proposes Increase in State Cap
Courtesy of Cast & Crew's The Incentives Program / May 2012:
House Bill 521 and Senate Bill 331 proposed to increase the state cap from $20 million to $40 million per biennium, with no more than $20 million in tax credits allowed during the first year of the biennium.
Additional Info and article courtesy of EP Incentive Solutions:
New legislation is expected to be introduced to double the cap of the film incentive to $20,000,000, based on a study performed by the Center for Economic Development at Cleveland State University's Levin College of Urban Affairs. That study concludes that the return on investment for the state is $1.20 for each $1.00 spent on the film incentive.
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