Nicolas Cage supports Nevada film tax credit bill

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Associated Press

Posted on May 7, 2013 at 4:33 PM

Updated Wednesday, May 8 at 12:05 AM

CARSON CITY, Nev. (AP) — A cameo by actor Nicolas Cage lent some pizazz to a hearing in the Nevada Legislature on a bill proposing tax incentives to entice filmmakers to produce in the Silver State.

The appearance by the "Leaving Las Vegas" star came as lawmakers discussed a proposal that would allow filmmakers to apply for tax credits up to $6 million per production. If approved, the filmmaker could then sell that tax credit to another Nevada business to use as a discount on their taxes.

Critics claim the projected grandiose economic benefit is really a fantasy that will end up costing the state.

The committee took no action.

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