Share:
Senate Co-Sponsorship Memoranda
Senate of Pennsylvania
Session of 2013 - 2014
Regular Session
MEMORANDUM
| Posted: | January 9, 2013 03:49 PM |
|---|---|
| From: | Senator Daylin Leach |
| To: | All Senate members |
| Subject: | Video Game Production Tax Credit |
| In the near future I will be re-introducing legislation to 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 smart phone, console and web based gaming as well a marked expansion of the demographics of “gamers.” The second highest gaming demographic is now women age 35-55. 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. We are losing these skilled graduates to other states who have embraced this industry. 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. |
Introduced as SB214