 The GCFC is working closely with state and local officials, as well as industry decision-makers, to enhance the incentive even more and make sure that it does what the industry needs it to do.Since the tax credit passed, Ohio has generated an economic impact of $400 million from media productions and created over 1,700 full-time equivalent jobs.In fact, for every dollar spent by the state on the credit, $2.01 goes back into Ohio's economy.