"Georgia Senate Committee Slashes Production Tax Credit Cap in Last-Minute Decision"

The Georgia Senate committee has revised a bill that would cap the state's film and television production tax credits, lowering the annual limit but inserting exemptions that make the cap almost meaningless for major studio productions. The bill's fate hangs in the balance as it faces a tight deadline for legislative approval, with uncertainty surrounding potential changes and the impact on the thriving film and TV production industry in Georgia.