Pennsylvania Film Tax Credit Boosts Economy with Major Productions
Popular Series "Mayor of Kingstown" Boosts Pennsylvania's Economy
Filming its fourth season in Pittsburgh, the hit crime drama has significantly contributed to job creation and economic growth in Pennsylvania.
Harrisburg, PA – The Pennsylvania Film Office has announced a substantial $30 million tax credit for the production of "Mayor of Kingstown," a series featuring Jeremy Renner. The show, currently in production in Pittsburgh, has been a boon for the local economy, creating over 2,600 jobs and contributing more than $100 million.
The Shapiro Administration's focus on economic development has led to the approval of 72 film projects due to the Film Tax Credits. In fiscal year 2023-24 alone, a record 50 projects have been initiated, injecting over $767 million into local economies and supporting jobs for more than 6,700 residents.
Film Commissioner Gino Anthony Pesi highlighted the economic impact of such productions, stating, "When a TV or film production comes to Pennsylvania it’s a huge driver for the local economy." He emphasized the advantages Pennsylvania offers, including unique locations and skilled professionals, which the Film Tax Credit program helps leverage to attract prominent productions.
The Pennsylvania Film Tax Credit program offers a 25% tax credit for productions spending at least 60% of their budget within the state. Eligible projects include a variety of media formats intended for national distribution.
Dawn M. Keezer, Executive Director of the Pittsburgh Film Office, expressed enthusiasm for the return of "Mayor of Kingstown," noting that such productions are vital to the local economy, having generated $2.5 billion regionally. The continuation of the Film Tax Credit program is seen as crucial for ongoing economic and workforce development.
Governor Josh Shapiro's administration has been proactive in establishing Pennsylvania as a leader in innovation and economic growth. Key achievements include launching the first statewide economic development strategy in 20 years and securing significant investments to support infrastructure and minority-owned businesses.
- Development of a comprehensive economic strategy focusing on agriculture, energy, life sciences, manufacturing, and technology.
- State investment of $500 million to expand the PA SITES program, enhancing commercial and industrial site availability.
- Introduction of the Main Street Matters program with $20 million in funding to revitalize urban and suburban areas.
- Investment in minority-owned businesses through a $20 million allocation for the Historically Disadvantaged Business Program.
Governor Shapiro's two-year tenure has been marked by efforts to foster economic opportunity across the state. The administration's dedication to business investment and community support positions Pennsylvania as a competitive player on the global economic stage.
For further details on the Pennsylvania Film Office and the state's economic initiatives, visit the DCED website. Stay updated on social media via Facebook, X, and LinkedIn.