Changes in Tennessee’s Film and TV Incentive Program Could Result in More Subsidies

A new Tennessee film tax credit program will change the way that entertainment companies receive subsidies from the state, but it won’t reduce the amount that those companies receive.

In fact, it is expected to increase the incentives in a program that has paid out $88.6 million since the Visual Content Act of 2006 created the subsidies. An additional $6.5 million in subsidies had already been committed as of the most recently released report on the Tennessee Film, Entertainment and Music Commission Production Grant Program at the end of 2021.

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