Updates by Jurisdiction
For more information on incentives in each state, visit the Production Incentives map on our website and click on the state of interest.
HB 2258 was introduced, which would establish the Office of Film and Media within the Office of the Governor.
SB 99 was introduced, which would reinstate film and digital animation production tax credits to attract new business in a growing sector to the state.
HB 41 was introduced, which would allow any production company that hires a veteran, who is a resident of the state, an additional 5% tax credit on the veteran’s salary. The qualifying portion of the salary will not exceed $100K.
The state’s Department of Taxation issued a Tax Information Release (TIR) on January 16, 2019. The TIR contained proposed administrative rules, effective from January 1, 2019 until the effective date of the administrative rules adopted in final form.
HB 540 was introduced, which would decrease the total tax credit amount a qualified production could receive from $15M to $12.5M. The bill would also increase the state’s new annual cap from $35M to $45M.
HB 645 was introduced, which would amend the Motion Picture, Digital Media, and Film Production tax credit to include post-production activities and services performed in Hawaii film studios as qualifying costs.
HB 1070 was introduced, which would authorize the Indiana Economic Development Corporation to approve and issue a film and media production expenditure rebate to a qualified applicant that spends at least $500K in qualified production expenditures.
HB 49 was introduced, which would repeal the state’s Snowbate program.
SB 2312 was introduced, which amends sections of the Mississippi Motion Picture Incentive Act including, but not limited to:
- Allows MS based production companies to qualify for the rebate with a minimum spend of $50K and allows other production companies to qualify with a minimum spend of $100K;
- Allows non-resident employees to qualify at 20%, with a compensation cap of $3M; and
- Allows resident employees to qualify at 25%, with a compensation cap of $3M
AB 1101 was introduced, which would add Rockland County to the list of upstate counties that qualify for an additional 10% tax credit on BTL labor expenses.
HB 2163 was introduced, which would establish a new media and technology innovation income tax credit, starting with taxable year 2019. The non-refundable tax credit would be for expenses related to production commercial advertisements, digital interactive media productions, and episodic TV series. The bill allows a company to submit a single application for a project covering multiple tax years and requires such company to make available a third-party audit of its project-related expenses.
HB 2569 was introduced, which would reinstate the state’s film production tax credits.
HB 164 was introduced, which would create the Wyoming film production incentive program, authorizing incentives for qualified film productions.
State-by-State Funds Available as of January 2019
Note: Incentive funding is subject to change daily. Please contact local film offices to inquire on funding availability.
Arkansas: Contact Film Office for Current Funding
California: $330M Per Year Through 2025
Colorado: No Funds Currently Available
Connecticut: No Annual Cap
District of Columbia: Contact Film Office for Current
Georgia: No Annual Cap
Illinois: No Annual Cap
Louisiana: For Current Information Pertaining to the Claims Cap, visit LA’s DOR Website
Maine: No Annual Cap
Maryland: No Funds Currently Available
Massachusetts: No Annual Cap
Minnesota: No Funds Currently Available
Montana: Contact Film Office for Current Funding
New Mexico: $50M Rolling Cap
New York: Contact Film Office for Current Funding
North Carolina: $30M+
Ohio: Contact Film Office for Current Funding
Oklahoma: $4M Rolling Cap
Oregon: Contact Film Office for Current Funding
Pennsylvania: Contact Film Office for Current Funding
Puerto Rico: Contact Film Office for Current Funding
Rhode Island: $15M
South Carolina: No Funds Currently Available
Texas: Contact Film Office for Current Funding
Utah: Contact Film Office for Current Funding
Virginia: Contact Film Office for Current Funding
For more information on incentives around the world, visit our website and click on the country of interest.
CANADA – Manitoba
The Manitoba government is making its tax credit for film and video productions permanent. The credit, which was set to expire by the end of this year, allows producers to get 45% to 65% of a project’s labor cost, the latter percentage is reached when including bonuses for frequent filming, shooting in rural or northern locations, and by co-producing with a Manitoba producer. As an option, Producers can apply for the ‘Spend’ tax credit instead which is 30% of qualifying labor and other production costs.
For 2019, the Serbian government increased the budget of the film incentive program from $8.2M to $8.7M.
Uruguayan authorities have created a new Uruguay Audiovisual Fund that offers cash rebates for international productions shooting in Uruguay, as well as extra grants for Uruguayan productions. The new rebates allow international productions up to 25% of eligible expenditure in the country. To qualify, a production much spend over $1M in Uruguay. Rebates are capped at $400K per production. (See Variety)
EP Locations Spotlight
Entertainment Partners is a primary contributor to Variety‘s “Artisans” Feature, spotlighting various filming locations around the world. Here are the locations we have covered in recent weeks.
With over 2,500 miles of Pacific Ocean coastline, the long and narrow South American country of Chile encompasses a remarkable variety of weather patterns and landscapes. Filmmakers traveling there will discover that the Chilean Economic Development Agency in alliance with nation’s film commission recently launched what it calls a Pilot Program for High-Impact Audiovisual Investment Support that offers a 30% rebate on qualified expenses for TV and film production.
The 30% rebate incentive specifies a project cap of $3 million and a minimum spend of $2 million. It is structured as a two-year pilot program with the possibility and hope of becoming permanent.
With its numerous sound stages, post-production facilities, production services and highly experienced film crews, Louisiana is a tempting destination for film and TV producers. The city of New Orleans, with its historic French Quarter and legendary cuisine, adds to these lures. But the state’s significant 25%-to-40% tax credit, which is partially refundable, is usually what seals the deal.
Specifically, the credit is 40% for resident above-the-line and below-the-line personnel (25% for loan-outs) and 25% for non-resident above-the-line and below-the-line workers. The minimum spend required is $300,000. There is a $20 million project cap for films and a $25 million project cap per season of TV. The compensation cap is set at $3 million, including loan-outs.
DISCLAIMER: These materials have been prepared by Entertainment Partners for informational purposes only and should not be construed as tax advice or relied on for specific projects. Though every effort has been made to remain current, laws and incentives change and therefore this information may have been revised. Please contact your legal or tax advisors to confirm any laws or the effect of incentives on your project. For updates and more information, please visit our website at productionincentives.com.
Providing links to other sites shall not be construed as an endorsement by Entertainment Partners of the linked websites or the opinions expressed on such websites.
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