The Montana Senate Taxation Committee convened on March 26, 2025, to discuss Senate Bill 326, which aims to enhance tax incentives for the film industry in the state. The meeting featured several proponents who highlighted the economic benefits of film production across Montana.
Key speaker Ms. Corbin emphasized that nearly half of Montana's counties have hosted film productions, showcasing the industry's widespread impact. She noted that investments in film programs at major universities, along with funding from the American Rescue Plan Act (ARPA), have created educational pathways for residents, contributing to job growth in the state. Corbin argued that the bill would not only expand the tax base through new facilities but also ensure that Montana companies benefit from the corporate tax revenue.
Tyler Grouch, a local business owner, shared his personal experience in the film industry, stating that the incentives have significantly boosted his business, Montana Video Production Rentals. He described the tangible economic benefits that film productions bring to local communities, such as increased hotel occupancy and restaurant patronage. Grouch likened the tax incentives to a "coupon," encouraging productions to choose Montana while still benefiting the local economy.
Morgan Ditto, CFO of Sundown Security, echoed these sentiments, explaining how the film industry has diversified income opportunities for his family business. He expressed strong support for the bill, highlighting its potential for long-term economic growth and job creation.
Grant Kier, president of the Missoula Economic Partnership, noted the consensus among various stakeholders regarding the bill's importance. He stressed that Montana must compete globally for economic opportunities and that the film industry plays a crucial role in creating mid-wage jobs that can help rebuild the state's economy.
The proponents collectively urged the committee to pass Senate Bill 326, emphasizing its potential to foster economic growth, support local businesses, and create a sustainable future for Montana's workforce. The committee's decision on the bill could have significant implications for the state's economic landscape and the film industry’s development.