summary
Introduced
11/16/2021
11/16/2021
In Committee
11/30/2021
11/30/2021
Crossed Over
Passed
Dead
03/14/2022
03/14/2022
Introduced Session
2022 Regular Session
Bill Summary
Creating the Targeted High Wage Production Program within the Department of Economic Opportunity under the supervision of the Commissioner of Film and Entertainment; requiring that film, television, and digital media projects being produced in this state meet specified criteria to be eligible for tax credit awards; requiring a certified project to make a good faith effort to use existing providers of infrastructure or equipment in this state and to employ residents of this state; requiring the Florida Film and Entertainment Advisory Council to determine a score for each qualified project using specified criteria; requiring the department to disqualify a project under certain circumstances, etc.
AI Summary
This bill creates the Targeted High Wage Production Program within the Department of Economic Opportunity to boost Florida's economic prosperity by providing tax credit awards to qualified film, television, and digital media projects that meet certain criteria, such as having projected qualified expenditures of at least $1.5 million, employing at least 60% Florida residents, and spending at least 70% of their total production days in the state. The bill outlines the application process, eligibility requirements, scoring criteria, verification process, and rules for the program, which will award up to $20 million in tax credits per fiscal year from 2022-2023 through 2025-2026.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (16)
Joe Gruters (R)*,
Loranne Ausley (D),
Lori Berman (D),
Randolph Bracy (D),
Janet Cruz (D),
Audrey Gibson (D),
Gayle Harrell (R),
Ed Hooper (R),
Travis Hutson (R),
Shev Jones (D),
Tina Polsky (D),
Darryl Rouson (D),
Linda Stewart (D),
Annette Taddeo (D),
Victor Torres (D),
Tommy Wright (R),
Last Action
Died in Finance and Tax (on 03/14/2022)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2022/946 |
| Analysis - Commerce and Tourism (Post-Meeting) | https://www.flsenate.gov/Session/Bill/2022/946/Analyses/2022s00946.cm.PDF |
| Analysis - Commerce and Tourism (Pre-Meeting) | https://www.flsenate.gov/Session/Bill/2022/946/Analyses/2022s00946.pre.cm.PDF |
| BillText | https://www.flsenate.gov/Session/Bill/2022/946/BillText/Filed/HTML |
| Bill | https://www.flsenate.gov/Session/Bill/2022/946/BillText/Filed/PDF |
Loading...