Lawmaker proposes eliminating film tax credit program

An Alaska lawmaker wants to eliminate the program that provides tax credits for films produced in Alaska.

However, the bill, from Sen. Bill Stoltze, R-Chugiak, would not get rid of the state film production office.

The state’s film production tax credit program was created in 2008. It allowed film companies to apply for the credits, and then sell them to companies with a larger tax burden in the state.

According to a press release on the bill, more than $170 million in credits are still authorized.

The bill was heard by the Senate Labor and Commerce Committee on Thursday.