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Story summary
- Bipartisan congressmen introduced a bill offering federal tax credits to keep film production in the United States.
- The credit starts at 20% of labor costs and rises to 30% with a 5% bonus for qualifying projects.
- The bill was drafted with Hollywood unions and the Motion Picture Association to counter foreign subsidies.
- The industry has lost 3,600 jobs in June, 17,000 in 2025, and 100,000 since 2016.