Last week, Nevada lawmakers got their first look at a bill meant to draw film production studios to Las Vegas.
The proposal would allocate tax credits of $120 million each year for 15 years to movie studios and affiliated businesses.
Supporters say it could generate up to $3 billion a year in economic output, creating 17,000 permanent jobs, and it’s a way to help diversify the state’s gaming-heavy economy.
But many questions remain. If approved, would Nevada have to promise even more tax dollars after 15 years to keep the industry here? Do Nevada taxpayers want to fund another tax incentive program?
Guests: David O’Reilly, CEO, Howard Hughes Corporation; Michael Schaus, owner, Schaus Creative
