Could Florida be the next Hollywood? Well, Florida Senators are now backing a $2 Million incentive to help the entertainment industry in the state.
According to Creative Loafing, The proposal (SB 946) by Sen. Joe Gruters, R-Sarasota, would create the Targeted High Wage Production Program, providing tax credits up to $2 million for projects that provide "high returns" on investment and economic benefits to the state. Backers hope to make Florida more attractive than other states for productions.
Last year, a proposal nearly identical to this was sponsored by Gruters and Rep. Dana Trabulsy, R-Fort Pierce. However, it died after drawing support from one Senate committee.
Sen. Tom Wright, R-New Smyrna Beach, said that several movies are being filmed around the country to make you THINK they're in Florida, so why not film them here and bring money to our economy?
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