Georgia passes new law providing $25m in tax credits for game developers

The state of Georgia has signed a new tax incentive program for video game makers into law.

Gamasutra reports House Bill 958 provides $25m in tax credits for video game developers within state lines. It was signed into law earlier this week by governor Nathan Deal.

Several notable studios have offices based in Georgia, including Tripwire Interactive, Hi-Rez Studios, and CCP Games – though CCP’s Atlanta studio was just hit with a round of layoffs earlier this week.

The video games industry’s $25m portion is part of a larger package of tax breaks for the state that’s focused around food banks and energy-efficient vendors.

About MCV Staff

Check Also

NOAM [Industry news] Fateless Games hires Raid: Shadow Legends veteran

[Industry news] Fateless Games hires Raid: Shadow Legends veteran

Fateless has announced the appointment of Noam Sagie as Chief Marketing Officer (CMO), strengthening the studio’s leadership team as it prepares for the launch of its highly anticipated fantasy RPG, Godforge.