Mississippi advances plans to boost per-production film incentive caps
Mississippi is advancing plans to increase the cash feature productions can claim through the state’s filming incentive programme. Currently producers can get a cash rebate of up to 30% with a per-production payment cap of USD8 million; authorities want an increase to USD10 million.
Ward Emling is Manager of the Mississippi Bureau of Film and Cultural Heritage and spoke to Associated Press: “They're coming here because of the incentive programme. There's a big ripple effect through the economy from direct and indirect spending. It goes through at a pretty fast rate.”
They're coming here because of the incentive programme. There's a big ripple effect through the economy from direct and indirect spending.
Ward Emling, Mississippi Bureau of Film and Cultural Heritage
Mississippi is positioning itself as a serious filmmaking contender in the southern US, a necessary move given that nearby Louisiana is now a national production hub. The recently-opened Mississippi Film Studios at Canton offers a 36,000 sq-ft sound stage and the state has had a profile boost over the past year with the massive success of The Help.
The bill to increase the production cap will move to the state House shortly for consideration.
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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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