Congress and Hollywood tout economic study in push for federal film tax credit

Members of Congress and leaders within Hollywood are using a newly published economic study to bolster their arguments for a federal tax credit that would incentivize film and television productions in the United States. The study, conducted by Olsberg SPI on behalf of the Motion Picture Association, found that a federal film and television tax credit would result in major economic benefits for the nation while increasing the share of global productions made in the U. The report shows the national economy, with the incentive, would gain $249.