Why Minnesota Lawmakers Funded a Film Tax Credit
July 20, 2021
It was a quiet rebirth, emerging from the closed-door negotiations over the state Legislature’s taxes omnibus bill in June: Minnesota once again has a modest but significant incentive program aimed at luring TV and film production to the state.
The tax credit — which has friends in high places and didn’t attract notable legislative opposition — was included in amendments to the taxes bill, which was the last measure adopted by the 2021 Legislature. It will cost taxpayers $5 million a year over the next four years.
Melodie Bahan, executive director of the nonprofit Minnesota Film and TV board, described herself as thrilled. “We have a great opportunity to use this program to attract millions in new spending to the state and create more jobs for Minnesotans,” she said.