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Nevada film tax bill would bring jobs, but questions remain as lawmakers examine details

Summary by KLAS - 8 News Now
LAS VEGAS (KLAS) — Lawmakers dug into details of the film tax credit bill on Thursday, with film studio executives from Warner Bros. Discovery and Sony answering questions in Carson City. And while high-paying jobs attached to a Las Vegas movie studio could help diversify the economy, there were some hard questions for the studios. Lawmakers asked whether the bill does enough to guarantee that Nevada workers would get those jobs. Assembly Bi…

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Nevada IndependentNevada Independent

First film tax credit hearing of session sees Nevada lawmakers question economic impact - The Nevada Independent

In the first hearing this session on the effort to significantly expand Nevada’s film tax credit program, lawmakers scrutinized the finances and statewide impacts of the proposal that drew wide support from unions and would come with a sizable price tag. The Assembly Committee on Revenue on Thursday heard AB238, a bill sponsored by Assms. Sandra Jauregui (D-Las Vegas) and Daniele Monroe-Moreno (D-North Las Vegas) that is backed by a partnership …

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KLAS - 8 News NowKLAS - 8 News Now

Nevada film tax bill would bring jobs, but questions remain as lawmakers examine details

LAS VEGAS (KLAS) — Lawmakers dug into details of the film tax credit bill on Thursday, with film studio executives from Warner Bros. Discovery and Sony answering questions in Carson City. And while high-paying jobs attached to a Las Vegas movie studio could help diversify the economy, there were some hard questions for the studios. Lawmakers asked whether the bill does enough to guarantee that Nevada workers would get those jobs. Assembly Bi…

·Las Vegas, United States
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Nevada Business MagazineNevada Business Magazine

Bills That Mean Business

The 83rd legislative session has embarked in Nevada with bills addressing issues like healthcare, education, occupational licensing and public safety. Perhaps the most important of the groups that will be affected by this session’s decision are business owners and entrepreneurs of the Silver State. However, while some proposals would impose costly new regulations on local enterprises, some would offer welcome reforms that make it easier to do bu…

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thedailyeconomy.orgthedailyeconomy.org

What Film Financing Tells Us About Politics

Movies are big business. In the United States alone, studios pulled in a whopping $8.72 billion in box office revenue last year. Despite these healthy returns, movie companies receive hefty subsidies from state governments countrywide. The reason these subsidies were created and continue to exist provides a powerful lesson in how governments function and the inescapable dilemmas faced by all policymakers. History and Mechanics of Film Subsidies …

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KLAS - 8 News Now broke the news in Las Vegas, United States on Friday, February 28, 2025.
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