JUN. 18, 2019
Cast & Crew Financial Services
(CCFS)
offers both U.S. and Canadian production incentive management services from setup to audit, as well as completion bond services and production incentive financing.
IN THIS ISSUE
ENACTED
Tennessee (H 1508)
Texas (H 1)
PROPOSED
New Jersey (A 5580) and (S 3842)
IN THE NEWS
Florida
New Mexico
Ohio
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ENACTED LEGISLATION
Signed by the Governor
Tennessee (H 1508)
On May 17, 2019, Governor Bill Lee signed
House Bill 1508
which amends the Tennessee Film, Entertainment, and Music Incentive fund as follows:
Appropriates $2 million for fiscal year 2020 (July 1 through June 30).
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Texas (H 1)
On June 15, 2019, Governor Greg Abbot signed
House Bill 1
which amends the Texas Moving Image Industry Incentive Program as follows:
Appropriates $50 million for the 2020-21 biennium (September 1 through August 31).
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PROPOSED LEGISLATION
Still in House or Senate
New Jersey (A 5580) and (S 3842)
Assembly Bill 5580
and
Senate Bill 3842
propose to amend the New Jersey Film and Digital Media Content Tax Credit program as follows:
Extends the sunset date to June 30, 2028, previously June 30, 2023.
BA
CK TO TOP
IN THE NEWS
Florida - Film incentives get added boost to lure productions (June 4, 2019)
New Mexico - NBCUniversal commits big time to New Mexico following juiced up tax credit incentives (June 14, 2019)
Ohio - Senate votes to reinstate state's motion picture tax credit (June 11, 2019)
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Production Incentives
Joe Bessacini
Vice President,
Film & TV Production Incentives
818.480.4427
joe.bessacini@castandcrew.com
Completion Bonds & Financing Advisement
Fred Milstein
Chief Executive Officer,
Media Guarantors
424.307.1888
fred.milstein@mgbonds.com
Incentive Financing
Deirdre Owens
Vice President,
Production Incentive Financing
818.972.3201
deirdre.owens@castandcrew.com
Scott Nicolaides
Senior Vice President,
Media Guarantors
424.307.1888
scott.nicolaides@mgbonds.com
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