CINCINNATI, OH (FOX19) - Many expect more films like, "Marauders," starring Bruce Willis will be filmed in Cincinnati. Ohio Governor John Kasich has signed into law the revised Ohio Motion Picture Tax Credit, which raises the annual movie production incentive cap to $40 million. The cap was $5 million per project.
It also changes the incentive rate to 30 percent on all production dollars spent in Ohio.
"We are excited that Governor Kasich has singed this legislation that will bring even more film business to Greater Cincinnati," said Kristen Erwin Schlotman, executive director of the Greater Cincinnati & Northern Kentucky Film Commission. Because of this incentive, we'll be able to complete with any location around the country for major motion picture productions."
According to an economic impact study conducted by the Economics Center at the University of Cincinnati, the film commission has generated more than $54 million dollars for the local economy and has created nearly 9,000 jobs through motion picture and television productions over the last two years.
The study analyzed the impact that the film and TV industry has had on the 15-county Cincinnati metro area though the 10 major projects filmed over the last two years including the Oscar-nominated "Carol."
Cincinnati is a fantastic place to film in," according to Elizabeth Kartsen from London's Number 9 films, producers of "Carol." "We looked at a lot of places, but it was an instant decision once we saw Cincinnati."