Congress and Hollywood push for federal film and television production tax credit
A bipartisan group of lawmakers including Reps. Laura Friedman (D-CA) and Brian Jack (R-GA) are drafting legislation for a 20% federal tax credit for film and television production in the United States, backed by President Trump and major industry stakeholders. A study by Olsberg SPI commissioned by the Motion Picture Association projects the incentive would generate $249.1 billion in gross value added between 2027 and 2035 and add over 143,500 full-time jobs annually. The bill is expected to be introduced in September 2026, with supporters citing competition from overseas production incentives as the core motivation.
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Only the right is covering this
One side of the spectrum has stayed silent. That absence is itself a signal.
“Reps. Friedman, Jack draft tax breaks for U.S. films to counter overseas production flight”WT Washington Times RIGHT
“'This is a jobs bill': Jon Voight, film industry leaders make push for federal tax credit” · The Hill