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"                      <p class=\"imgtitle\">Miller</p>           DES MOINES, Iowa (Legal Newsline) - Iowa Attorney General Tom Miller on Monday announced his office is opening criminal investigations into the State's film office tax credit program. <br /><br />Miller is working to recover any tax credits or funds obtained illegally or not in compliance with the Film Office statute, according to Miller.  <br /><br />\"Approximately $32 million in tax credits have been issued, and we will review them in detail and seek recovery wherever they were obtained in violation of the law,\" Miller said in a statement. <br /><br />Miller added that while the state is not permitted to share details of the investigation, they are providing information about an ongoing review of the film office's tax credit program. <br /><br />The State has found the statute regarding tax credits was not implemented properly in at least several ways: Investment tax credits were not calculated according to the statute; expenses were not adequately vetted and verified; projects were not justified in terms of their economic benefit to the state compared to their cost; and the definition of \"investment\" sometimes was improperly applied, according to Miller. <br /><br />Miller said his office is currently working with the Governor, the State Auditor, the Department of Revenue, and the Department of Economic Development in reviewing the possible misuse of funds. <br />The Film Office tax Credit program was suspended by Gov. Chet Culver on Sept. 18 and remains frozen until the investigation is complete. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://legalnewsline.com/stories/510521608-iowa-ag-investigates-state-s-film-office>