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Scott Karol reports that legislation for a federal film tax credit could be introduced within weeks.

Scott Karol, a producer and adviser to one of the president's Hollywood ambassadors, stated that legislation for a federal film tax credit could be introduced within weeks. The proposed bill, titled the Motion Picture, Television and Entertainment Revitalization Act, aims to replace the decadeslong exodus of film and TV shoots to countries like Canada and the United Kingdom.

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During a meeting on Monday, President Trump met with Scott Karol, Jon Voight, and Steven Paul to discuss the issue. Scott Karol noted that the legislation would be pushed by the House Ways and Means Committee and would feature a bipartisan presentation. The proposed credit would include a 20 percent credit for labor in front of and behind the camera, and a mechanism requiring that the majority of the work would go to U.S. personnel. The administration announced that American movies should be made in America to create high-paying jobs. The legislation has received bipartisan support from lawmakers in California and Georgia. While some Republicans expressed concerns regarding the cost of the deficit spending, others emphasized the economic benefits of production in states like Georgia and Florida.

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