New Jersey S4655 mandates a review of the state's Film and Digital Media Tax Credit Program.
New Jersey S4655, known as the "Tax Credit Review Act," requires the New Jersey Economic Development Authority's CEO to hire an expert to evaluate the Film and Digital Media Tax Credit Program. The expert must complete a comprehensive review within nine months, including a cost-benefit analysis, assessment of program success, and recommendations for improvement. The review will cover total program costs, economic impact, and effectiveness in meeting objectives. The CEO must submit the report to the Governor and Legislature and present findings to budget committees.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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