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FL S7056
Bill
Status
N/A
Primary Sponsor
Commerce and Tourism
Click for details
AI Summary
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Transfers the Office of Film and Entertainment from the Department of Economic Opportunity to Enterprise Florida, Inc., renaming it the Division of Film and Entertainment and requiring a national search for a film commissioner hired by Enterprise Florida's president.
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Removes requirement for the Florida Film and Entertainment Advisory Council and allows Enterprise Florida's board to optionally establish an advisory council for the division.
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Increases maximum tax credits for qualified productions in the general queue from $8 million to $10 million and establishes a 20 percent set-aside for productions in underutilized counties.
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Adds eligibility for 15 percent additional tax credits for productions employing full-time students, individuals in the Road-to-Independence Program, persons with developmental disabilities, veterans, and recent graduates of film and entertainment programs.
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Extends the repeal date of the entertainment industry financial incentive program from July 1, 2016, to July 1, 2020, and adds $50 million in additional tax credit allocations for fiscal years 2014-2015 and 2015-2016, plus $50 million annually for fiscal years 2016-2017 through 2019-2020.
Legislative Description
Entertainment Industry
Last Action
Submit as committee bill by Commerce and Tourism (SB 1640)
3/4/2014