NEBRASKA

PROPOSED LEGISLATION (STILL IN THE HOUSE OR SENATE)

JANUARY 31, 2010

Nebraska has introduced legislation that would form the state's first production incentive program.  The bill outlines a comprehensive incentive program which would provide up to a 17% tax credit on all documented expenditures made in Nebraska.  An additional 2% will be awarded on all documented expenditures if the production company spends at least $20,000 for the use of music created by a Nebraska resident that is recorded in-state, or for the cost of recording songs or music in Nebraska for use in the production.  An additional 3% will be awarded if the production shoots in non-metropolitan areas of Nebraska.  To qualify, the production must have a budget of at least $50,000 of which not less than $25,000 is to be expended in-state.  While there would be an annual cap of $5 million there is no per project cap.  Resident and nonresident above-the-line labor may qualify but only resident crew wages will qualify.  The qualifying above-the-line salaries cannot comprise more than 25% of the total expenditures.

For more information please contact:

Joe Bessacini
Vice President, Film & TV Production Incentives
818-480-4427
jbessacini@castandcrew.com

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