Sandoval Signs Film Incentive Bill

by ALEX POMPLIANO

Actor Nicolas Cage testified in support of SB165 at the Legislative Building Carson City on May 7, 2013. / Photo by Natasha Vitale

Actor Nicolas Cage testified in support of SB165 at the Legislative Building Carson City on May 7, 2013. / Photo by Natasha Vitale

On late Tuesday, Gov. Brian Sandoval signed a bill that will create a tax incentive program to lure film productions to Nevada.

Introduced by Sen. Aaron Ford, Senate Bill 165 would provide up to $20 million in tax breaks for production companies that spend at least 60% of their money toward making movies in Nevada. Ford took to Twitter to express his enthusiasm for the passed legislation.

Ford said the bill will ultimately create jobs and would kickstart the birth of a new industry for the state. He also said that also expects the legislation would bring more tourism to Nevada.



Categories: YOUR TAXES