Massachusetts Lawmaker Pushes for Video Game Tax Credits

September 12, 2013 - GamePolitics Staff

Massachusetts State Rep. John Binienda (D-Worcester) is pushing for more tax incentives for the state's video games industry. It makes sense, given that Worcester is home to several video game development-focused colleges including Worcester Polytechnic Institute (WPI) and MassDIGI at Becker College.

On Sept. 10 the state lawmaker gave testimony promoting House Bill 2511, a bill he is the lead sponsor of that would extend a 25 percent tax credit currently given to the movie industry to game design and development within the state.

"With these incentives, Massachusetts will facilitate an ideal climate in which this industry can thrive," Binienda said before the Joint Committee on Revenue. "We are already doing well as a state in terms of training aspiring video game designers and developers. I adamantly believe, however, that this proposal will ensure that we retain the talented individuals we need here in Massachusetts to start companies, create jobs, and grow our economy."

Binienda's push for more tax credits uses data from the ESA's 2010 report, "Video Games in the 21st Century: The 2010 Report," which highlights the fact that Massachusetts has the fifth largest concentration of video game production in the country, with the industry employing around 1,300 people and contributing roughly $1.8 billion to the state's economy.

Source: Worcester Mag

 


 
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