Georgia doled out a record $1.2 billion in film and TV tax credits last year, far surpassing the incentives offered by any other state
doled out a record $1.2 billion in film and TV tax credits last year, far surpassing the incentives offered by any other state.
Georgia’s investment in the entertainment industry represents about 4.5% of its state budget, or roughly what the state spends every year to address mental health, substance abuse and developmental disabilities. Georgia was among the first locations to reopen for production after the pandemic shutdown, helping to spur the growth of the industry.
The credit enjoys broad bipartisan support, though a state audit in 2020 found that its economic benefits had been significantly overstated. The audit found that the credit had generated just 10,919 direct jobs in the state in 2016, or 23,209 jobs once indirect and induced spending effects were taken into account. State officials had touted figures as high as 92,000 jobs.
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