Bill aims to breathe new life into Nevada film tax credits, which were cut during Tesla deal

AutoAssociated Press

Nevada lawmakers are hoping to breathe new life into a film tax credits program that was gutted while the state worked to attract Tesla.

The Senate Revenue Committee is scheduled to review SB94 on Friday. The measure would remove a cap that limits the state to awarding $10 million over the four years of the program, and would allow the Legislature to adjust that number.

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Democratic Sen. Aaron Ford is the bill sponsor and said the $10 million hasn't provided enough of an incentive for filmmakers to come to Nevada. The number was previously $80 million before the state reduced it to provide incentives to the electric car maker.

The bill would also loosen requirements for abatement recipients to do post-production work in Nevada.