The Iowa Production Incentives Program, as it was, is near death. The Governor has suspended approval of new applications, or issuance of tax credits for completed projects. The manager of the Film Office has been fired and two state officials, including the Director of the Department of Economic Development, have resigned. The state attorney general is now involved, and criminal charges are a possibility.
The Governor may lift his suspension in the future, but it appears that all existing projects will be subject to a complete audit. Some films planned for Iowa are moving elsewhere - to Louisiana, Michigan, and New Mexico.
Posts
No comments:
Post a Comment