Georgia has dropped an effort to cap its billion-dollar film and TV tax credit, after the state House and Senate could not reach agreement on the issue.
Lawmakers have been working for nearly a year on proposals to rein in the incentive, which is the largest of any state in the nation. But the General Assembly adjourned its session early Friday morning without passing a bill on the subject out of both houses.
Legislators will now have to wait until the next session, beginning in January 2025, to address the issue.
The failure to pass a bill is a reprieve for the Georgia film industry, which
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