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News OIG Comments on the Theater Tax Credit Section of the Economic Development Bill-July 2018

The Inspector General opposes the creation of a theater tax credit. As proposed, the tax credit would not benefit the Massachusetts economy and it contains insufficient safeguards.
7/31/2018
  • Office of the Inspector General

Media Contact for OIG Comments on the Theater Tax Credit Section of the Economic Development Bill-July 2018

Jack Meyers

On July 27, 2018, the OIG wrote to Vice Chair Lovely and Chairman Sanchez opposing the creation of a theater tax credit.  The proposed tax credit is not structured to benefit the Massachusetts economy.  Also, the proposed credit does not have the necessary safeguards to prevent fraud and abuse.  At a minimum, any bill should have strong oversight provisions to protect the Commonwealth. The OIG therefore offered recommendations for better accountability, rigorous reporting and auditing requirements. 

OIG Letter on the Theater Tax Credit Section of the Economic Development Bill-July 2018

August 2, 2018 Update: At the end of the 2017-2018 formal legislative session, the legislature passed an economic development bill, but it did not include the proposed theater tax credit.

Media Contact for OIG Comments on the Theater Tax Credit Section of the Economic Development Bill-July 2018

Office of the Inspector General 

The Office of the Inspector General is an independent agency that promotes good government by preventing and detecting the misuse of public funds and public property. The Office conducts confidential investigations, improves transparency in government, helps government run more effectively and educates government employees and the public.
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