The Indiana General Assembly passed a 2 year budget that maintains the 15% Tax Credit for film productions. The original House version of the bill included the incentives, but the Senate version did not. There was great concern that the incentives that had gone in effect in July of 2008 were going to be dropped as part of the budget cuts during the special session last week. On Saturday July 4th Governor Daniels signed the compromise budget, that still includes the tax incentives. There was a move in the House to increase the cap from $2.5 Million to $5 Million. The final bill maintained the $2.5 Million cap on the tax credit. The complete tax incentive package details can be found on the Film Indiana website. http://www.in.gov/film/26.htm
