State Film Commisioner Lucia Fishburne broke the news in an email this morning that the Entertainment Industry Film Incentive bill is headed to the Governor for signing.  Here’s the full letter.

Dear FFEAC Members, Stakeholders and Interested Parties:

Break out the champagne or sparkling cider! SB 1752, the comprehensive jobs bill containing the entertainment industry incentive language, has passed the House (115 yays 0 nays) and is now headed to the Governor for signature!

$242 million in transferable tax credits will induce over $1.2 billion in direct spending by productions choosing Florida for their film, TV and digital media projects. The change from the current cash rebate incentive program, which required fighting each year for an annual appropriation, to a five year transferable tax credit program, addresses our clients’ needs for continuity and certainty.

Staff is already working on new guidelines, applications, FAQs and other materials that will be uploaded to the website ASAP.

It has been a privilege to be part of this incredible team effort over the last two years.

Very, very, very, best regards,

Lucia

Lucia Fishburne
State Film Commissioner
Governor’s Office of Film & Entertainment

For more information on the subject, check out the original article written by me for PA a few months back.