Motion Picture Incentive Performance Grant Fund; created. (SB703)
Introduced By
Sen. Louise Lucas (D-Portsmouth)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
Virginia Tourism Authority; Virginia Motion Picture Incentive Performance Grant Fund. Creates the Virginia Motion Picture Incentive Performance Grant Fund to be administered by the Virginia Film Office. The bill sets out eligibility requirements for obtaining grants by motion picture film production companies. Read the Bill »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/16/2008 | Presented and ordered printed 088852260 |
01/16/2008 | Referred to Committee on Finance |
01/29/2008 | Impact statement from DPB (SB703) |
01/30/2008 | Continued to 2009 in Finance (16-Y 0-N) (see vote tally) |
Comments
This is a wise investment as it will stimulate economic development of this environmentally clean profession. It will help place Virginia in a more competitive position with other states and provide a handsome return on the investment in the form of increased employment and resulting tax revenues for BVirginia
Hopefully the incentive plan will survive in another form. Otherwise Virginia will be ignored as a production location for major films as compared to other enlightened states that provide incentives.