California guarantees location filming incentives through to 2017
California has guaranteed its location filming incentives will remain in place until at least 2017. Last year the state only committed to a 12-month extension, so the local industry will be relieved to have the programme's annual USD100 million guaranteed for at least five years.
Chris Dodd is a US Senator, as well as being Chairman and Chief Executive Officer of the Motion Picture Association of America: “The two-year extension of the state’s production tax credit will keep California competitive for tens of thousands of production-related jobs."
This is an important victory for California’s economy, our national economy and the hardworking men and women who comprise the film and television industry.
Chris Dodd, Motion Picture Association of America
He adds: “This is an important victory for California’s economy, our national economy and the hardworking men and women who comprise the film and television industry.”
The Californian industry is hoping the extended incentive will bring back some of the productions that have moved out-of-state over the past couple of years. The vast majority of new TV dramas are filming outside California this year, but shows that return will be specifically rewarded under the terms of the new bill.
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Related posts:
Global Filming Incentive - United States of America (see more…)
- Kansas City Rebate Incentive
- Virginia Motion Picture Tax Credit
- Wyoming: Film Industry Financial Incentive (FIFI) Program
- West Virginia Film Industry Investment Act
- Washington DC: Rebates
- The Washington Motion Picture Competitiveness Programme
- Virginia: The Governor’s Motion Picture Opportunity Fund
- Vermont: no formal incentive in place.
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