(Providence, RI) -- The Rhode Island Office of Revenue Analysis is yelling "cut" on the state's film tax credit program. The head of the office, Paul Dion, tells the Providence Business News the state is losing money on the program and most of the companies that benefit are not following reporting requirements. The fiscal year 2022 state budget includes a ten-million-dollar increase in film tax credits. Rhode Island House Speaker K. Joseph Shekarchi said he would look into the report.
Photo: Getty Images