On Tuesday, February 6th, the Governor gave his annual budget address before members of the House and Senate. The Governor has proposed a $32.9 million budget, nearly $1 billion more than this current year's approved spending plan. In addition to the Governor's budget proposal, revenues for the current fiscal year are exceeding projections, resulting in a surplus. The proposal reflects an additional $225 million in funding for education as well as a severance tax on natural gas.
PAFIA is working with many stakeholders, including the Philadelphia and Pittsburgh Film Offices, to seek an increase to the $65 million film tax credit allocation. While PAFIA remains very appreciative for the support that legislators and the Governor have for the program, we feel it is a very good time to invest further in the industry - bringing more films and shows to the Commonwealth, creating additional jobs throughout the state. PAFIA will be working closely with our supporters, as well as reaching out to those legislators who don't support the tax credit or remain skeptical of the benefits and impacts.
As February ends, House and Senate Appropriations Committees will be finishing up their hearings with all the state agencies and return to session on March 12. PAFIA will continue to fight for the program.
Pennsylvania Film Industry Association (PAFIA)461 Cochran Road, Box 246Pittsburgh, PA 15228(717) 833-4561 email@example.com