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Utah #8 “Top 10: United States of Production”May 25 2012 - 3:17 pm
The Beehive State has been busy and it looks like it might get busier — Utah Governor Gary R. Herbert signed groundbreaking tax-credit legislation in May for the state’s film industry, effectively increasing the tax rebate from 20 to 25 percent. The program has no sunset provision and requires a minimum of $1 million in-state spend. The legislature also approved an ongoing tax-credit fund of $6.8 million. “[The incentive] will enable us to position Utah and its talented motion-picture and digital-media work force to compete on a global basis for the film and digital-media industries,” announced Herbert. Since the fund was created in 2004, 65 film projects have already received funding.