A bipartisan caucus is pushing a federal film and TV production tax credit to boost U.S. production, building on White House support and Hollywood momentum for a nationwide incentive that complements existing state programs.

Founding members include Rep. Brian Jack, Rep. Laura Friedman, Rep. Nathaniel Moran, Rep. Linda Sánchez, Rep. Nicole Malliotakis, and Rep. Tom Suozzi, aiming to rally broad, cross‑party backing.

Prominent supporters span the MPA, DGA, IATSE, SAG-AFTRA, Teamsters, and lawmakers Friedman and Jack, with President Trump publicly endorsing a federal incentive in August.

Economic modeling projects about $249.1 billion in total gross value added from 2027 to 2035, plus $133.1 billion in additional labor income and $125.3 billion in extra production spending.

Key takeaways emphasize job creation, increased local spending, and broader benefits for communities, small businesses, and supply chains tied to film and TV work.

Advocates frame the bill as a jobs safeguard to prevent production and related businesses from relocating overseas or to other states, highlighting widespread regional economic impact.

A bill text is anticipated to be released later this month, with hopes it could clear Congress by year‑end.

While industry topics include potential mergers and ongoing projects, the interview notes limited discussion of those issues in the current dialogue.

MPA chair Charles Rivkin cautions that the design must be workable nationwide and mentions ongoing international subsidy discussions affecting competitiveness.

Voight frames the push as urgent to save jobs and industry futures, urging timely action on a labor‑based, globally competitive incentive.

Proposed incentives could stack with state programs and include uplifts for rural filming, multi‑state spend, and independent productions, broadening economic impact.

Proponents argue benefits would extend beyond traditional hubs to workers in all 50 states, democratizing opportunities across the country.