| CAST & CREW ENTERTAINMENT SERVICES |
WEDNESDAY, JULY 6, 2016
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In this Issue  |
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ENACTED LEGISLATION
Signed by the Governor |
LOUISIANA (H 737)
On June 17, 2016, Governor John Bel Edwards signed House Bill 737, clarifying the 6% withholding requirement. Payments that would otherwise not be subject to withholding requirements pursuant to state and federal regulations (pension benefits, nontaxable portion of per diem, etc) are not subject to 6% Louisiana withholding. The withholding requirement applies to expenditures occurring after January 1, 2016.
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OHIO (H 390)
On June 28, 2016, Governor John Kasich signed House Bill 390, amending the current production incentive program as follows:
- Increases the state's annual cap to $40 million per fiscal year (July 1 - June 30) beginning July 1, 2016;
- Eliminates the $5 million per project cap;
- Modifies the incentive that may be earned to equal 30% of all labor and spend;
- Stipulates that the refundable tax credit is also eligible for a one-time transfer to one or more other persons;
- Institutes a job training program which will reimburse 50% of the salaries paid to film and multimedia resident trainees employed in the production; and,
- States that the amendments apply to tax credit certificates issued on or after July 1, 2016.
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RHODE ISLAND (H 7454)
On June 24, 2016, Governor Gina M. Raimondo signed House Bill 7454, extending the sunset date from July 1, 2019 to July 1, 2021.
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Production Incentives
 Joe BessaciniVice President, Film & TV Production Incentives
818-480-4427
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 Deirdre OwensVice President, Production Incentive Financing
818-972-3201
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ALBUQUERQUE ATLANTA BATON ROUGE BURBANK DETROIT NEW ORLEANS NEW YORK
WILMINGTON TORONTO VANCOUVER |
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