PHILADELPHIA, PA — The Greater Philadelphia Film Office (GPFO) is doubling down on its efforts to advocate for increased funding in the Pennsylvania Film Tax Credit program. The recently passed 2024-25 Pennsylvania state budget did not include any additional funds, raising concerns about the state’s competitiveness in attracting film and production work.
The Fight for Funding
Sharon Pinkenson, Executive Director of GPFO, voiced her disappointment with the current $100 million cap on the tax credit program. “While we’re certainly glad that Pennsylvania continues to offer a film tax credit program, it has become increasingly clear that $100 million is simply not enough to sustain and incentivize film and production work here,” she said. Pinkenson emphasized the positive impact the tax credit has on employment, the economy, and tourism when productions are active in the region.
Economic Impact
The lack of increased funding means that many film projects are opting for other states and countries offering more substantial incentives. The program is currently oversubscribed and under-funded, making it difficult for productions to take advantage of the Pennsylvania incentive. The program requires productions to meet specific criteria and spend significantly in the state before becoming eligible for a small tax credit.
Pennsylvania has already reaped considerable benefits from film productions. In the Fiscal Year 2022-23, direct spending in the Philadelphia region amounted to $175.8 million, with an estimated economic impact of $367.5 million. This spending includes salaries, strong employment rates, hotel accommodations, and more. Small businesses in communities that host these productions see even greater indirect benefits.
A Missed Opportunity
“The state should not be taking the success of the Pennsylvania Film Tax Credit program for granted,” Pinkenson added. “Our film office, and those across the state, have invested in making this industry a popular destination for this work. Without action by the state, however, the people and businesses, small and large, that work in or benefit from this industry are suffering.”
Pinkenson highlighted that this budget season was a missed opportunity to solidify Pennsylvania’s place in the film industry. The failure to increase the tax credit is a significant disappointment to those who rely on this sector for their livelihood.
Looking Ahead
GPFO, along with other film offices and industry organizations, plans to continue advocating for an increase in the state’s film tax credit program when the legislature returns to session this fall. It remains their number one priority to ensure Pennsylvania can attract and support film productions in the future.
By pushing for these changes, the GPFO aims to maintain Pennsylvania’s standing as a key player in the film industry, benefiting both the local economy and the state’s workforce.
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