Top 10: United States of Film Production … Florida is #3!

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Every year P3 Update puts together a list of the top 10 states in the nation that offer the most attractive combination of tax incentives, crew base, talent pool, infrastructure, accessibility, significant production revenue and overall popularity among filmmakers.  We are thrilled to see Florida at #3!

Here’s what they had to say about Florida film production:

For a long time, Florida boasted having one of the largest production-crew bases in the country, but, according to Communications Coordinator Colleen McClure of the Florida Governor’s Office of Film and Entertainment, the state has fallen in rank in recent years. This was partly due to a growing number of competitive domestic incentive packages and crewmembers moving to Louisiana when its production increased.

But the Sunshine State is fighting fire with fire to become an incredibly strong contender. With the recent passage of its Film & Entertainment Industry Financial Incentive Program — which offers $242 million in transferable tax credits over five years — Florida is seeing its crew base restored  as production grows. This is bolstered by a robust incentive package that includes a 20-percent base transferable-tax credit for total expenditures associated with Florida businesses and resident wages. Combining additional bonus opportunities, including “Family-Friendly” and “Off-Season” perks, can increase the credits up to 30 percent of the total Florida spend. The savings continue for qualified productions that receive sales-and-use tax exemptions on the purchase or lease of certain items used in filming.

Recent Florida productions include Transformers: Dark of the Moon, A&E’s “The Glades” and season four of USA Network’s “Burn Notice.” McClure reports that production revenue for fiscal year 2010 sat at $760,722, 482, and, as of May 2011, the amount was $981,059,895 for fiscal year 2011. These numbers don’t lie: The heat is definitely on in Florida.

Here’s a list of the Top 10 states:

1.    LOUISIANA

2.    ILLINOIS

3.    FLORIDA

4.    GEORGIA

5.    CALIFORNIA

6.    CONNECTICUT

7.    NEW YORK

8.    UTAH

9.    NEW MEXICO

10. MICHIGAN

Read the full story: http://www.p3update.com/preproduction/locations/1199-top-10-united-states-of-production

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