The House of Representatives gave bipartisan preliminary approval Tuesday to a bill aimed at drawing the film industry to Montana. James Bradley from the University of Montana Legislative News Service reports House Bill 340 expands tax incentives set up by the 2019 Montana Economic Development Industry Advancement Act. Republican Speaker of the House Wylie Galt who also sponsored the 2019 law is the bill’s sponsor and said it’s a jobs bill.
The bill would raise the tax credits available for studios from $10 million to $250 million and would apply the tax credit to all production expenses not just wages. Butte Democratic Representative Jim Keene praised the bill.