Legislator proposes repeal of film tax credit

Feb 12, 2013 -- 9:55am

 

- JUNEAU, Alaska (AP) - A co-chair of the House Finance Committee has proposed repealing Alaska's film production tax credit. Representative Bill Stoltze of Chugiak introduced HB112 on Monday. A sponsor statement was not immediately available, and Stoltze was not immediately available for comment. The legislature last year passed a measure extending the film tax credit program. A legislative audit report released last year, which looked at program performance issues, found Alaska's film tax-credit program has had a positive economic impact but does not pay for itself. 

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