Kevin James will be saving Sony Pictures some money when he takes his Segway to Vegas. Nevada today approved its first film tax credit application, and it’s going to Paul Blart: Mall Cop 2. Eric Preiss, Director of the Nevada Film Office, said the production “will receive $4.3 million in tax credits provided that the filming takes place in Nevada and that production costs are in line with those proposed in the application, along with other qualifying criteria.” The Silver State enacted its inaugural production tax credit program nine months ago, with projects that shoot at least 60 percent in-state and spend $500,000 to $40 million there being eligible to earn a transferable tax credit worth 15%-19% of their in-state qualified expenses up to $20 million. Mall Cop 2‘s application for a Certificate of Eligibility for Transferable Tax Credits was approved following a public hearing last month. Preiss said the Nevada Film Office will hear three additional applications for tax credits on April 14, but he didn’t name the projects.
This Sequel Is An Original: ‘Paul Blart: Mall Cop 2′ Scores Nevada’s First Tax Credit
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