California Movie And TV Tax Credit Extension Moves Forward...

California Movie And TV Tax Credit Extension Moves Forward...

The bill was altered to extend the $100 million annual tax credit program to two years instead of five, matching a bill in the state Senate.

A bill to extend California's program of tax credits designed to stop movie and TV production from leaving the state passed a key test Wednesday and now is headed to the full Assembly for a vote, probably next week.

New York Attempts to Lure Hollywood By Tripling Post Production Tax Credit

California Senate Committee Approves Tax Credit Extension, Cuts Term to 2 Years
Before passage, the bill was changed to mandate a two-year extension of the $100 million annual program. An earlier version called for a five-year extension. The two-year term matches a similar bill making its way through the state Senate.
The bill was heard by the Assembly Appropriations Committee, which then passed it by a unanimous vote.
The bill introduced by Assemblyman Felipe Fuentes (D, 39th district -- which includes San Fernando, North Hollywood). It had previously passed the State Assembly Arts and Entertainment Committee.
The Senate version was introduced by Senator Ron Calderon (D, South East Los Angeles). It is expected to be heard by the full Senate in the coming weeks.
Gov. Jerry Brown has yet to announce whether he supports an extension of the tax credits meant to stem runaway production, a program that began in 2009 under then Gov. Arnold Schwarzenegger. Brown signed a one year extension at the end of the legislative session last year.

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Assembly committee backs California film tax credit bill...

Article from Aug 2012

By Richard Verrier

A state bill aimed at curbing runaway production has moved closer to becoming law.

The Assembly Appropriations Committee unanimously supported a bill that would extend funding for California's film and television tax credit program. Funding for the program is due to expire next year.

California sets aside $100 million annually for dozens of projects applying for credits between 20% and 25% of qualified production expenses for movies and TV shows.

The bill, however, was amended to provide for an extension of two years instead of five years. Industry backers sought a longer-term funding commitment to compete with other states that offer film tax credits, but that has been a tough sell in the state's current fiscal climate.

The measure now goes to the full state Assembly for a vote, which is likely to take place next week. The state Senate is expected to take up a similar bill later this month. A Senate committee in June also supported a similar two-year extension.

California lawmakers first enacted the program in 2009 in an effort to compete with nearly 40 states that offer tax incentives and rebates to filmmakers.

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California Assembly approves state film, TV tax credit extension...

California Assembly approves state film, TV tax credit extension...

By Richard Verrier

The California Assembly overwhelmingly approved a bill that would preserve funding for the state's film and television tax credit.

The Assembly voted 70-4 in favor of the bill, which extends funding for the program another two years. California allocates $100 million annually toward tax credits, which are doled out by lottery because of limited funds. Funding was due to expire next year.

The film industry had been pressing for a five-year extension to show the state's commitment to the industry, which is being lured away by other states with strong incentives. But that proved a tall order in light of the state's budget woes.

The state Senate is expected to hold its first committee hearing on a similar bill next week.

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Call your CA State Senator to PASS AB 1069 - Film tax incentives bill

<<<< whether you work on commercials (where we don't get tax incentives in CA), or other film mediums such as movies, where they do get tax incentives in this state... this is still a fight to keep jobs in California.. . please put the word out to your production families to support this: This is an update on the status of AB 1069 -- the bill to extend incentives for film and television production in California. Last week, the bill was passed out of the Senate Appropriations Committee. Unfortunately, its opponents amended it in an attempt to make it less effective while still being able to say they voted in favor of it. One amendment was to shorten the extension to one year, which drastically limits the ability of producers to plan ahead for filming in California. On Thursday, September 8, a delegation representing Hollywood unions and guilds will head to Sacramento to visit every member of the State Senate. They will be working to ensure that AB 1069 is passed with a three-year extension. We must all help in this effort. Since its inception in 2009, the state incentive program has had a direct impact on the creation of jobs. The single most important thing you can do to help increase the amount of work available to you and your fellow members is contact members of the Senate and urge them to approve AB 1069 for three years. Your letter need not be long but please try to include the phrase "When movie and commercial makers make films somewhere else, Californians lose their jobs." Please actually write a letter and fax it. Phone calls are great but a hand written, personal letter carries much more weight with these elected representatives. It could be as simple as the sample letter at the end of this message. It is especially important that any of our members living outside of Los Angeles participate. If you have family in Northern California or San Diego, ask them to help too. Explain how important this is to your livelihood. If you don't know who your Senator is, you can visit http://www.leginfo.ca.gov/yourleg.html In addition to your CA State senator, please send a letter to the Senate Pro Tem, Darrell Steinberg: fax number: 916-323-2263 and tel: 916-323-2263. If you don't have access to a fax machine, there are many online services that offer free or low-cost faxing. Try visiting sites such as http://faxzero. com/ The Senate must act on the bill by September 9, so we are asking that letters be sent starting TODAY Thursday, September 8. Make no mistake. This is your fight. Without incentives here, even more productions will leave for places such as Louisiana and New York (though we love you pro brothers and sisters!) - and the job that leaves with them could be yours. Act now to save California's film and television industry. Join the campaign for AB 1069 - to extend California's incentives for 3 years.<<<<< Have a great day ☼

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Hollywood lobbies to extend tax credit for California filming

Hollywood moguls and unions ask California Legislature to extend a $500-million tax credit for film and television show productions in the state.

Hollywood is lobbying the California Legislature to grant a five-year extension of tax credits that the industry maintains are necessary to keep jobs in the state. (Ann Johansson / For The Times / February 11, 2010)

By Nicholas Riccardi and Richard Verrier, Los Angeles Times
September 4, 2011, 7:25 p.m.
Hollywood wants a $500-million blockbuster out of Sacramento.

In the final days of the legislative session, the industry is seeking a five-year extension of a tax credit for producing films and television shows in California. It has assembled a powerful coalition of moguls and unions, who argue that failing to re-up the program risks losing film jobs to states offering even more generous rebates.

That is something, advocates argue, that the state with the second-highest jobless rate in the nation cannot afford. "This is a proven program that creates jobs and stimulates the economy," said Vans Stevenson, senior vice president of government affairs for the Motion Picture Assn. of America. "Our companies are all based in California, and we want to see the industry grow here."

But California is also the state with the largest budget deficit, and opponents balk at reserving $500 million for industry incentives at a time when lawmakers are slashing social services, laying off teachers and raising tuition at public universities.

"It's a little unusual to me that a Democratic-controlled Legislature would give $500 million to corporations when they've so viciously cut poor people and sick people over the last four years," said Dave Low of the California School Employees Assn., one of the few unions to oppose the measure.

The debate comes as many states — spurred by the economic downturn — have begun to question the efficacy of using public money to lure film production. At least five states have ended or suspended their programs in the last two years.

Still, nearly 40 states continue to have some sort of film incentive, and there is little doubt that many have poached productions from California. "Battle: Los Angeles," for example, was filmed mainly in Louisiana, which has an aggressive program to lure Hollywood shoots. The HBO series "Mildred Pierce" was set in Glendale but filmed in New York. Producers had to import palm trees.

The proposal to extend California's film credit sailed through the Assembly. But in the Senate, the extension was limited to $100 million over a single year, contingent on the state hitting revenue targets through 2011. Should they drop, up to $4 billion in cuts would land on colleges and kindergarten-through-12th-grade education in January.

"I don't think it would be the right signal to extend the tax credit under those circumstances," said Senate President Pro Tem Darrell Steinberg (D-Sacramento).

But a single-year-extension, the bill's backers say, is not enough. "It's important for us to … signal to the industry that California is committed to [its] future," said Assemblyman Felipe Fuentes (D-Sylmar), author of the bill.

The initial tax credit passed as part of the 2009 budget deal between the Democratic Legislature and an avid film industry supporter, Gov. Arnold Schwarzenegger. The $500-million program gives a rebate of up to 25% of qualified production expenses. It can be used to offset any sales or business-use taxes that production companies have with the state but cannot be used to pay actors' salaries.

"The people this benefits aren't living in Brentwood or Beverly Hills," said Thom Davis of Local 80 of the International Alliance of Theatrical Stage Employees, noting that large film shoots employ up to 300 cast and crew members, such as grips and camera operators. "They live in Reseda, Burbank and North Hollywood. Every time one of my members isn't working, they are collecting unemployment benefits. And that doesn't benefit business or the California economy."

Although the initial program ran through 2014, more than $400 million in rebates — which are allocated on a first-come, first-served basis — have been distributed. The last ones are expected to go out next summer. Fuentes said that if he can't persuade the Senate to grant an extension of more than one year, he may opt to try again when the Legislature reconvenes in January. For the program to continue in 2012, a two-thirds vote of the Legislature would be needed to implement it on an expedited basis.

In arguing for a full extension, advocates cite a study by the Los Angeles County Economic Development Corp. that found the program so far had pumped $3.8 billion into California's economy and created 20,000 jobs.

Skeptics noted that the study was sponsored by the MPAA and that some examinations of other states' programs have found they don't create enough jobs to recoup their cost.

Jean Ross of the California Budget Project, which advocates for greater spending on social services, said that the annual $100-million cost of the credit is about the same amount the Legislature has hiked community college fees. "In essence," she said, "we have taxed community college students to give a tax break to Hollywood."

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Israel Offers Incentives to Lure Filmmaking to Jerusalem...

Officials are promising tax breaks, terror attack insurance and $400,000 credits to entice more productions to shoot in the Holy Land.

Israel is pushing for more authenticity in Hollywood films.

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Because of the country's volatile political environment, movies which feature Jesus' crucifixion are often filmed in Italy while Morocco takes place for the Holy Land.
But now, Israeli officials are dangling better tax breaks, terror attack insurance and credits of up to $400,000 to try and coax international movie producers to film in Jerusalem, reports the Associated Press.

"It's absurd. Movies set in Jerusalem are filmed in Malta, Morocco and Greece," said Yoram Honig, an Israeli film director who heads the Jerusalem Film Fund, which was set up three years ago to encourage more moviemaking in the city.

STORY: Glenn Beck Announces 'Restoring Courage' Rally in Jerusalem
In the 1980, the country was a popular filming spot, with movies like Rambo 3 and The Delta Force being shot there. But, because it is currently common for international insurance companies to refuse to provide terrorism risk coverage, or offer it at an extremely high price, producers have moved on to other --less risky -- overseas locations.

Israeli's own filmmakers have also gone outside of the holy city to make movies. Out of 600 Israeli movies that have been made since the country's founding, only 30 have been shot in Jerusalem says the AP.

Recently, World War Z shot its Jerusalem scenes in Malta, which offers large financial rebates to foreign film productions. The production even flew in Israeli actors to shoot the scenes.
Which is why the country, which set up tax breaks for foreign films in 2008, has also created a municipal insurance fund which will provide protection to productions should they be disrupted by acts of terrorism.
Tel Aviv and Haifa are also developing similar movie funds to try and bring productions to their towns.

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L.A. Mayor Promises More Support for Film, TV Industries...

Antonio Villaraigosa said he would consider lowering film permit fees and speeding up the permitting process and called on the city legislature to pass a bill to extend California's production tax credits beyond 2012.

NEW YORK - Los Angeles Mayor Antonio Villaraigosa said he would consider additional steps to help the local movie and TV industry and make LA a competitive location for productions, including possibly reducing film permit fees and speeding up the permitting process, the LA Times reported.

He also called on the city legislature to pass a bill that would extend California's production tax credits beyond 2012. A state Senate committee is expected to take up the bill Thursday, according to the Times.

Speaking to a group of producers, location managers and industry executives on Wednesday, the mayor cited previous steps to support the entertainment industry, such as free parking on city lots.

"We're doing some things, and that's nice and good, but we can do a whole lot more," the Times cited Villaraigosa as saying. "This is one of the most important industries for us." But he also cautioned that the city is constrained by a tight budget, saying: "There are limitations to what we can do."

The entertainment industry in Los Angeles County directly employs about 140,000 people, according to the paper.

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