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SB 530 Passes First Hurdle Toward Film Incentive
Florida is still trying to lure filmmakers to the state with the help of incentives. The latest effort is Senate Bill 530: Entertainment Industry. Senator Gruters bill has been co-introduced by Flores, Farmer, Stewart, Rouson, Cruz, Berman, Harrell, Gibson, Bracy, Pizzo, Hooper, and Torres representing Floridians throughout the state.
The bill was presented on Tuesday, December 10 as CS (committee substitute) to the Commerce and Tourism Committee and received 5 YEAS and 0 NAYS.
The bill is set up as a rebate "authorizing applicants to receive rebates up to a specified amount, including bonuses; requiring an applicant that receives funding to make a good faith effort to use existing providers of infrastructure or equipment in this state and to employ residents of this state; requiring the Florida Film and Entertainment Advisory Council to determine a score for each qualified project using specified criteria, etc."
To follow the bills movement, read more here: www.flsenate.gov