House Finance Committee hearing of 6/10/14 in support of Rep. MacBeth’s Bill © # 7248 on 38 Studios


Testimony of Gloria Garvin,  FED UP IN RI ©

On May 21st, 2012, the day Rhode Island EDC was to issue approximately 13.4 million dollars in tax credits to 38 Studios, Grant Garvin, along with Gloria Garvin of Fed Up in RI brought to the attention of Governor Lincoln Chafee the fact that 38 Studios was not a Rhode Island corporation and under Rhode Island General Law was noteligibleto even apply for the credits let alone receive them. Needless to say, the tax credits were not issued and 38 Studios closed its doors within days.”
See: Garvin email to Governor Chafee, et al

Richard Licht knew – or should have known that 38 Studios was going to run out of money by the end of 2011 but he continued to meet with them in private along with people from the film tax credit office…

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