TRENTON – Just days after he blasted the decision to award a $420,000 tax credit for the “Jersey Shore” television program, state Sen. Paul Sarlo helped advance a bill he sponsored that would expand the state’s film and television tax credit program.
The “Garden State Film and Digital Media Jobs Act” passed the Senate Budget Committee, which Sarlo chairs. It would increase the funding for the film and television tax credit program from $10 million to $50 million per year.
“Jersey Shore” was one of the first programs to receive a film tax credit from the state’s Economic Development Authority since Christie suspended the program in 2010 as the state grappled with a budget deficit.
Sarlo called the show “repulsive” and characterized the decision to award its producers a tax credit as “a terrible and misguided waste.” The senator blamed Christie for driving “worthwhile” shows like “Law and Order” out of New Jersey and into other states.
The Senate Budget Committee also advanced other legislation today, including measures to create a Small Business Loan Program for companies that increase their workforce, provide a partial sales tax exemption on energy service to certain manufacturers, and provide tax incentives for investing in biotech and high-tech startups based in New Jersey.
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