{"id":12685,"date":"2015-08-19T09:59:11","date_gmt":"2015-08-19T16:59:11","guid":{"rendered":"http:\/\/moviesharkdeblore.com\/site\/?p=12685"},"modified":"2015-08-19T09:59:11","modified_gmt":"2015-08-19T16:59:11","slug":"california-film-rush-comes-home-with-11-projects-thanks-to-film-tv-tax-credit-program-2-0","status":"publish","type":"post","link":"https:\/\/behindthelensonline.net\/site\/news\/california-film-rush-comes-home-with-11-projects-thanks-to-film-tv-tax-credit-program-2-0\/","title":{"rendered":"California Film Rush Comes Home with 11 Projects Thanks to Film &#038; TV Tax Credit Program 2.0"},"content":{"rendered":"<p><a href=\"http:\/\/behindthelensonline.net\/site\/wp-content\/uploads\/2015\/08\/california-film-commission-logo.jpg\" data-rel=\"lightbox-gallery-3055AcdS\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-12686\" src=\"http:\/\/behindthelensonline.net\/site\/wp-content\/uploads\/2015\/08\/california-film-commission-logo.jpg\" alt=\"california film commission logo\" width=\"261\" height=\"153\" \/><\/a><\/p>\n<p>August 19 2015 &#8211; The<a href=\"http:\/\/www.film.ca.gov\/\"><strong> California Film Commission<\/strong><\/a> this week announced its list of 11 non-independent feature films and independent projects as the first selected to receive tax credits under the state\u2019s recently expanded Film and Television Tax Credit Program 2.0.<\/p>\n<p>Under the expansion, signed into law September 18, 2014 by Governor Brown, tax credit allocation more than tripled California\u2019s then film and television production incentive, from $100 million to $330 million annually.\u00a0 Aimed at retaining and attracting production jobs and economic activity across the state, the California Film and TV Tax Credit Program 2.0 also extends eligibility to include a range of project types (big budget feature films, TV pilots and 1-hour TV series for any distribution outlet) that were previously excluded.\u00a0 Other key changes include replacing the lottery system with a \u201cjobs ratio\u201d ranking system that selects projects based on wages paid to below-the-line crew, qualified spending such as vendors, and other criteria.\u00a0 \u201cUplifts\u201d are also now available for projects shooting outside the magical Los Angeles 30-mile zone or which have qualified expenditures for visual effects or music scoring.<\/p>\n<p>11 productions have received conditional approval; eight non-independent feature films and three independent projects, which includes projects set at least partially in other locales that have been especially aggressive in their effort to use tax credits to lure film and TV production from California.\u00a0 These projects include CONJURING 2 (United Kingdom) and WHY HIM (Michigan).<\/p>\n<p><a href=\"http:\/\/behindthelensonline.net\/site\/wp-content\/uploads\/2015\/08\/california-film-commission-allocation-aug-2015.jpg\" data-rel=\"lightbox-gallery-3055AcdS\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-medium wp-image-12687\" src=\"http:\/\/behindthelensonline.net\/site\/wp-content\/uploads\/2015\/08\/california-film-commission-allocation-aug-2015-400x273.jpg\" alt=\"california film commission allocation - aug 2015\" width=\"400\" height=\"273\" srcset=\"https:\/\/behindthelensonline.net\/site\/wp-content\/uploads\/2015\/08\/california-film-commission-allocation-aug-2015-400x273.jpg 400w, https:\/\/behindthelensonline.net\/site\/wp-content\/uploads\/2015\/08\/california-film-commission-allocation-aug-2015-300x205.jpg 300w, https:\/\/behindthelensonline.net\/site\/wp-content\/uploads\/2015\/08\/california-film-commission-allocation-aug-2015.jpg 824w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/a><\/p>\n<p>A determined and enthusiastic Amy Lemisch, Commission Executive Director, vows \u201cWe\u2019re fighting back and winning thanks to our newly expanded tax credit program.\u00a0 We were losing projects that were set here at home, and now we\u2019re back to doubling for other locales.\u00a0 This demonstrates that when the playing field is more level, the industry views California as the first and best option.\u201d<\/p>\n<p>This upward trend began in May with the first allocation for California\u2019s expanded tax credit program, which was earmarked specifically for TV projects.\u00a0 That allocation resulted in four TV series relocating to California from other high level production states; Georgia, Louisiana, Maryland and North Carolina.<\/p>\n<p>Lemisch also noted that the independent film projects announced are from production companies that rarely work in California, opting instead to shoot in states where tax credits have been more readily available and favorable.<\/p>\n<p>Alcon Entertainment, one of the independent production companies selected to receive tax credits, has not filmed a project entirely in California in over a decade.\u00a0 Andrew Kosove and Broderick Johnson, Co-Founders and Co-CEOs of Alcon Entertainment, are part of this movement.\u00a0 \u201cWe are excited to be coming back to California to film CHICKEN SOUP FOR THE SOUL.\u00a0 We\u2019re looking forward to working with the greatest crews and top facilities with the convenience of managing this project close to home.\u201d<\/p>\n<p>In addition to attracting projects set elsewhere and\/or from producers who traditionally bypass California, this list of approved projects includes some that will shoot within the state but outside the Los Angeles 30-mile zone.\u00a0 According to Lemisch, \u201cFive of the selected films are planning to shoot a collective 77 days outside the 30-mile zone.\u00a0 This is an early indicator that the new program\u2019s added incentives for filming outside the zone are working and achieving the intended result.\u201d<\/p>\n<p>Based on data provided with each application, the 11 approved projects announced today will generate an estimated $533 million in direct in-state spending, of which $71 million is in wages for below the line crew.<\/p>\n<p>The latest tax credit program application period (held July 13-25) made available $48.3 million for non-independent feature films, and $6.9 million for independent projects.\u00a0 This latest round of funding totals $55.2 million out of the program\u2019s $230 million in the first fiscal year funding.\u00a0 (It should be noted that $100 million of the $330 million total annual funding is allocated to the final round of the state\u2019s expiring, first generation tax credit program.)<\/p>\n<p>Although the list of currently approved tax credit projects may be revised pending a project\u2019s withdrawal from the program, those funds will be immediately reallocated and reassigned to those other projects currently on the wait list.\u00a0 Approved projects are selected based on their jobs ratio score, which ranks each project by wages to below-the-line workers, qualified spending for vendors, equipment, etc. and other criteria.\u00a0 The top 200% ranked projects in each round go on to compete for tax credits.\u00a0 Those not selected are placed on a wait list.\u00a0 The California Film Commission awards tax credits only after each selected project (1) completes post-production, (2) verifies that in-state jobs were created, and (3) provides all supporting documentation reflecting same, including audited cost reports.<\/p>\n<p>Remaining application periods for the current fiscal year ending June 30, 2016, are as follows:<\/p>\n<p><strong>November 30 &#8211; December 6, 2015<\/strong>:\u00a0 TV Series, Mini-series, MOWs, Pilots and Relocating TV series<\/p>\n<p><strong>January 11-24, 2016<\/strong>:\u00a0 Independent Projects and Non-Independent Feature Films<\/p>\n<p><strong>February 15-21, 2016<\/strong>:\u00a0 TV Series, Mini-series, MOWs, Pilots and Relocating TV series<\/p>\n<p><strong>For more information on California\u2019s Film and Television Tax Credit Program 2.0, go to http:\/\/film.ca.gov\/incentives.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>August 19 2015 &#8211; The California Film Commission this week announced its list of 11 non-independent feature films and independent projects as the first selected to receive tax credits under the state\u2019s recently expanded Film and Television Tax Credit Program 2.0. Under the expansion, signed into law September 18, 2014 by Governor Brown, tax credit [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":12686,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[3243,3246,3245,3244,3247],"class_list":["post-12685","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-california-film-commission","tag-calilfornia-film-tv-tax-credit-program","tag-filming","tag-tax-credits","tag-tax-incentives"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>California Film Rush Comes Home with 11 Projects Thanks to Film &amp; TV Tax Credit Program 2.0 - Behind The Lens Online<\/title>\n<meta name=\"description\" content=\"Behind the Lens is your home for in-depth movie reviews, filmmaker &amp; 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