Motion Picture Association Applauds Governor Phil Murphy for Expanding and Enhancing New Jersey’s Production Incentive Program
WASHINGTON – The Motion Picture Association Chairman and CEO Charles Rivkin today lauded the expansion of the New Jersey production incentive program. The newly signed law will keep the existing program in place for an additional five years, until July 1, 2028. It will also expand the annual cap on qualified production expenses to $100 million annually.
“The Motion Picture Association applauds Governor Murphy for recognizing the economic benefits our industry can bring to a state, and also thanks Senator Loretta Weinberg and Assemblyman Gordon Johnson for their unwavering support of the production incentive program,” said Charles Rivkin, Chairman and CEO of the Motion Picture Association. “When movies or television shows are filmed on location, they provide an immediate boost to the local economy by creating jobs, revenue, and even new tourism opportunities. Since Governor Murphy reinstated the production incentive program, New Jersey has seen this firsthand, and by enhancing and expanding the production incentive today, the Governor is ensuring further economic growth in the state.”
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