Entertainment Partners is a proud sponsor of the
AFCI Taste of the World Locations Show
Industry professionals are invited to attend the TASTE OF THE WORLD LOCATIONS SHOW, presented by the Association of Film Commissioners International. Over 70 film commission representatives from around the globe will be participating in this event and will be available to talk about incentives, locations, facilities, infrastructure, crew depth, and more.
Thursday, April 4, 2019
3:00PM – 7:00PM
The London Hotel
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 1461 has been enacted, amending the state’s Digital Product and Motion Picture Industry Development Act to specify that rebates are under the discretion of the Executive Director of the Arkansas Economic Development Commission and extending the rebate program’s sunset date from June 30, 2019 to June 30, 2029.
SB 1394 was introduced, which would reinstate the entertainment industry financial incentive program. Qualified productions would be eligible for up to a 35% transferable tax credit with a minimum spend of $625K and a project cap of $8M.
The Maryland Film Office will begin accepting Applications for Qualification for FY2020 tax credits on a first come, first served basis starting at 9:00am on Monday, April 15, 2019. These applications will be for $11M in tax credits authorized in FY2020 (less than 10% set aside for Maryland Small Films) that become available after July 1, 2019.
SB 2 has been sent to the governor for signature. The bill amends the film production tax credit act by increasing the annual cap from $50M to $110M, eliminating certain increases to the tax credit, and amending the end credit requirement.
SB 4669 was introduced, which would phase out the Empire State Film Production Credit by lowering the annual cap from $420M to $280M in 2021, and $140M in 2022.
SB 185 was introduced, which would raise annual funding amount on the state’s production tax credit from $65M to $125M.
Washington Filmworks has announced that it will reserve funding for its production incentive program exclusively for projects that are creatively driven by Washington residents. Known as “Local Lens,” the new funding strategy is designed to maximize the impact of the funds and invest in the local creative community. Approved projects must hire a minimum threshold of Washington resident cast and crew and require a minimum number of production days in Washington State.
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.
Few places offer as much iconic imagery as New York City: Times Square, One World Trade Center, Rockefeller Center, Madison Square Garden, Wall Street … just to name a few. But the state of New York has more to offer than just the bustling metropolis of the Big Apple, including pastoral locations in Westchester County and the Hudson Valley. Generous incentive abound, including a 30% refundable tax credit on qualified expenditures in the state, and $420M in credits annually.
Specifically, the state of New York offers producers of film and TV programing a 30% tax credit on qualifying spend. An additional 10% is available on qualified labor expenses incurred in certain upstate New York counties, which invites producers to leave the crowded confines of Manhattan and the city’s four other boroughs for the relatively wide-open spaces that stretch from tony Westchester County up through Woodstock, the Catskills, the Finger Lakes, and all the way to Buffalo and Niagara Falls.
With its small towns, rolling farmlands, and industrial cities, Ohio embodies the American Midwest. Other location lures for filmmakers include the shore along Lake Erie, the campus of Ohio State University, the striking skyline of Cincinnati, and the Rock & Roll Hall of Fame in Cleveland. The Buckeye State also provides producers with a 30% tax credit.
The 30% refundable credit includes a one-time transferable tax credit option. It applies to qualified spend and encompasses both resident and non-resident above-the-line and below-the-line labor.
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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