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Film tax credit gets OK from Senate (access required)

By Luige del Puerto

Published: April 19, 2012 at 5:22 pm

A proposal to create a new tax credit for film productions split Republicans but managed to garner just enough support to pass today in the Senate. The debate over measure, which still needs the House’s approval, illuminates a deep divide that is plaguing the majority party over how best to set the conditions for a robust economy.

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