Saturday, March 27, 2010

New Florida Film Incentives Bill Passes in the FL Senate

SB 1752 passed through the FL Senate on March 25!

CS/HB 697 passed unanimously through the House Finance & Tax Council the afternoon of March 25!!
Many thanks to our House & Senate Sponsors, co-Sponsors and all the Legislators who have voted to support these pieces of legislation - we greatly appreciate their continued support!

From FAME Government Affairs Specialist (Dave Caserta) regarding SB 1752...

"I am happy to announce SB 1752, the Jobs Bill, which includes our tax credit was read for the second time on the Senate floor, discussed and was then rolled over to third reading for a final vote of the full senate. The full senate passed the Jobs bill 38 to 2 and has now sent the bill over to the House."

From FAME Government Affairs Specialist (Dave Caserta) regarding CS/HB 697...

"Our bill HB 697 was heard today in Finance and tax. Presentations were made by Rep Precourt, Rep Ambler and Rep Caroll praising the industry and its impact on Florida residents and businesses. The bill reduces the cap for on the amount that a production can get in the general cue to 8mill. Also reduces the incentive to 55mil first year, 50 mill second and 27mill each for third, fourth and fifth year.

The members voted unanimously to support our great bill. We now go to the floor of the house.

What a GREAT team we have...keep up the amazing work guys!! We are making a difference!!"

For more information, see:

Thanks to the EASL Membership, EASL EC, and special thanks to EASL Legislative Committee members Stephen Carlisle (EASL Chair-Elect), Nina-Dawne Williams (EASL Chair), Charlotte Towne, Nick Nanton, Tom Player, and Chrissie Scelsi.

Thanks again for your continued support!

All the best,

Emily Graham

Legislative Chair
Entertainment, Arts and Sports Law Section of the Florida Bar

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