08-27-10
01-29-10
01-29-10
01-29-10
SB14 dangles about $15 million over two years, meant to
entice film, television and commercial productions to the state.
Salt Lake City – The signing of Senate Bill 14
“Financial Incentives for Motion Picture Productions,” has given
the green light to the Utah Film Commission to start aggressively
marketing the state for large budget films and studio productions. The
Motion Picture Incentive Fund (MPIF) has now been restructured to be
attractive to the major productions while still appealing to the smaller
independent film companies. The MPIF will now be able to offer an
incentive of up to 20% of the money spent in the State in the form of a
cash rebate or refundable tax credit up to $500,000 for smaller films
and as a tax credit when the incentive exceeds $500,000 for major
productions.
"They’re talking about a major film studio locating in Utah,"
Sen. Lyle Hillyard, R-Logan, told The Herald Journal. "And if they do
that ... the stars who now live in California ... could move and live in
Utah and work out of the studio here rather than travel back and
forth."
Senate Committee Approves Bill To Increase Incetives for TV and Film Production Companies
Panel endorses film-production bill, tax breaks
Kanab has become known as "Little Hollywood" after the term was used as early as the 1950's
by people in the movie industry. MGM liked Kanab so much they built a makeshift studio outside
of town in the 1940s. More than...
The Moab to Monument Valley Film Commission (MMVFC) has been in existence since 1949.
It was originally established when John Ford came to our area to shoot several westerns. There
was a growing need...
The purpose of this bill is to enhance the current Motion Picture Incentive Fund (MPIF)
program, in order to increase the amount of money spent in Utah, by motion picture
and television productions, and thereby contribute quickly and significantly to the State’s
economy.
LOS ANGELES - Costly state incentives to lure film production and jobs may actually be paying
off, at least in New York.
“High School Musical 3: Senior Year” (HSM3) broke records at the box office opening weekend, and the Utah Film Commission is hoping the blockbuster film will help bring Utah more film opportunities.
Tony Henrichsen and Bob Lanoue from
Salt Lake City won with “Kidney Theft” and Jeff Blake from Provo taking the next winning
accolade with “Passage to Bollywood.”
Improving the incentive program will allow Utah to compete for larger film productions to be
produced in the State.