Advocates for Georgia's music industry are pressing state lawmakers to increase tax incentives in order to attract a greater number of concerts and theatrical production that they say are being lost to other states.
Representatives addressed members of a legislative study committee Thursday. The General Assembly passed legislation in 2017 providing tax incentives to musical productions, including both live and recorded performances.
The bill was modeled after state tax incentives to the film industry that have played a key role in Georgia becoming a leading center for movie and TV production. But many believe Georgia’s music industry tax incentives have proven weak compared to incentives offered by other states.
The study committee will hold one more meeting this fall before formulating its recommendations for the full General Assembly to consider during the 2023 legislative session beginning in January.
