Film Production Tax Credits Survive
Georgia Entertainment Industry Investment Act and Entertainment Production Sales & Use Tax Exemption will stay intact
From a press release sent last night issued by the Georgia Production Partnership:
"Georgia Entertainment Tax Credits Survive
FOR IMMEDIATE RELEASE
ATLANTA, GA - The Georgia Production Partnership (GPP) Government Relations Committee and Executive Board are pleased to report that the Georgia Entertainment Industry Investment Act and Entertainment Production Sales & Use Tax Exemption will stay intact, and that each will be withdrawn from the Georgia Joint Special Committee on Revenue Structure's substitute HB385 bill, plus any subsequent or related bills during this session. HB385 is scheduled for a full Joint Special Committee vote on Monday, March 28, 2011 before it can move to the two legislative chambers for further ratification.
GPP Government Relations Committee
GPP Chair, Public Relations"
In other words...