A bipartisan coalition in Congress wants to hand Hollywood studios up to 30 percent of their labor costs back in federal tax credits — and they're hoping to attach it to a spending bill during the lame-duck session after the midterms.
The Motion Picture, Television, and Entertainment Revitalization Act, introduced September 24 in both chambers, would create the first-ever federal film and TV incentive: a 20% base credit for productions spending at least $1 million with 75% of filming in the U.S., plus 5% bonus
