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House Co-Sponsorship Memoranda
House of Representatives
Session of 2017 - 2018
Regular Session
MEMORANDUM
| Posted: | January 23, 2017 12:39 PM |
|---|---|
| From: | Representative Tim Briggs |
| To: | All House members |
| Subject: | Video Game Production Tax Credit |
| In the near future, I will be re-introducing legislation (HB 1324 of last session) which will establish a Video Game Production Tax Credit in Pennsylvania. It is modeled after the popular Film Production Tax Credit that has brought substantial economic return to our Commonwealth. Video Game Production has become a major industry with revolutions in smartphone, console, and web based gaming, as well a marked expansion of the demographics of “gamers.” Other states including Georgia, Connecticut and Massachusetts are implementing incentives to draw potential studios to their states, and I want Pennsylvania to be a part of that. Pennsylvania has three of the best University programs in the country in Carnegie Mellon University, Drexel University and the University of Pennsylvania. By offering tax credits to studios for the production costs associated with video game production, we can retain our graduates, their skills and the studios (small businesses) they start for the economic benefit of the whole state. Please join me by co-sponsoring this important legislation. Previous Co-Sponsors: V. BROWN, SCHWEYER, O'BRIEN, LONGIETTI, McNEILL, COHEN, GIBBONS, MURT and DONATUCCI |