Rep. Jeremy Peterson: HB162: Transparency and Accountability for Taxpayer Funded Film Incentives

This session I am running a bill to provide more legislative oversight and more accountability for money that the state spends in promoting film production here in Utah. ¬†Currently, the Governor’s Office of Economic Development (GOED) has been granted permission from the Legislature to issue up to $6.7 million dollars in tax credits for film productions that the department deems worthy to receive them. ¬†Certain benchmarks and yardsticks are used to quantify which productions show the most promise for spending money and driving economic growth in the state. The problem…