Commerce Announces First Recipient of Maryland Small Films Tax Credit Program and the Call for Applications for FY2020 Credits
“Hope’s Legacy,” a feature film about a couple navigating their relationship through the world of competitive horse eventing, is the first film to qualify for the new Maryland Small Films Tax Credit program. The film, which is being produced by DBM Communications, Inc. of Towson, began filming in Baltimore County this month using local crew, actors, and support services. The Maryland Small Films Tax Credit program is a subset of the Maryland Film Production Activity Tax Credit, which the Maryland Film Office administers. The tax credit was amended in 2018 and among the changes was that 10 percent of the funding would be targeted specifically for small, independent Maryland productions. FY2019 small film tax credits are still available.
$1.1 million in FY2020 tax credits for Maryland Small Films become available on July 1. The Maryland Film Office will begin accepting applications for qualification for those credits, on a first come, first serve basis, at 9 a.m. on Monday, July 1.
“The new Small Films Tax Credit program was created to nurture and support Maryland’s growing independent film industry, and it’s great news that “Hope’s Legacy” is the first to take advantage of it,” said Governor Larry Hogan. “Independent films like “Hope’s Legacy” create jobs and boost our economy by hiring local cast and crew, but also help showcase the state’s beauty and great quality of life.” For more information on the tax credit program, visit marylandfilm.org.