« Jeb endorses Atwater in light GOP contest | Main | Hansen, former Senate staffer, leaves House for Senate health »

Lawmakers push for $75M film tax credit

Florida's tax incentives for the film industry would be greatly expanded under a measure announced this morning by Orlando Rep. Steve Precourt. Joined by Senate President-in-waiting Mike Haridopolos, the Republican argued the incentive is a good way to encourage economic development.

The proposal would offer up to $75 million in credits for qualifying films each year for three years. Credits could be issued immediately but could not be claimed until 2012.

Florida's film incentives peaked in 2007 with a $25 million budget. That has been slashed to $10.8 million. In the current fiscal year, half of that budget is taken up by the hit TV show Burn Notice.

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

melanie nathan

http://lezgetreal.com/?p=27912 Gay Rights Advocates call for Boycott of Florida Film Industry

The comments to this entry are closed.