new incentives energize georgia's film industry :: part 2

"The industry supports a variety of other Georgia business sectors, without requiring communities to expand their infrastructures to accommodate it." "This legislation gives Georgia much more aggressive business investment tools, enabling us to be more competitive in site location decisions," said Greg Torre, director of the Georgia Film, Video & Music Office. "We've been meeting with industry officials to get the word out about the new incentives, and feel we are now better positioned to capture more film and video productions to the state, especially films set in Georgia. More importantly, this legislation will help our local independent filmmakers to succeed right here in Georgia."

How it works

  • The bill offers a nine percent base tax credit to production companies who spend at least $500,000 in services, materials and labor for a production project in Georgia.Companies receive an additional three percent credit for hiring Georgia residents.Companies can receive yet another three percent credit if they film in counties that have not to date been as competitive in this market.
  • Finally, if a company involved in multiple television projects invests more than $20 million in the state, it is entitled to an additional two percent credit.

For more information, visit www.georgia.org or call (404) 962-4078

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