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Monday, May 5, 2014

HollyVegas




What would lure Hollywood to Las Vegas?

NEVADA ONE OF SIX STATES WITHOUT TAX INCENTIVES FOR FILMING IN STATE, BUT IT HAS OTHER THINGS, SUCH AS SPACE


The high-paced, tantalizing world of Las Vegas is a huge draw for A-list celebrities and a mere hour flight from Los Angeles — yet we’re not the Hollywood of the Southwest. That title belongs to New Mexico, which offers a 25 percent tax incentive that has lured big film and television producers, bringing in an enormous amount of revenue and employment to what has historically been one of the poorest states.
The dirty little secret is out: Filming movies can pump money and jobs into even the most unassuming states.
With today’s technology, you can film a movie anywhere. Want a first-class Las Vegas casino? Build one in Burbank. Setting a scene in a five-star restaurant? New Orleans will work. Locations can be fudged; cash-strapped producers are following the money.
Nevada is one of only six states without tax incentives to lure film crews. So movie jobs that make sense in our entertainment-based economy are going elsewhere.
But Nevada has a plan. The Motion Picture Jobs Creation Act (Assembly Bill 506), drafted by Assemblywoman Marilyn Kirkpatrick, D-North Las Vegas, would extend tax credit to producers if they meet certain criteria.
Editors Note: I have been involved with building the case for film incentives for five years as the chair of the Nevada SAG Legislative Committee and a member of the National Legislative Committee. This years'l local chair is Scott Mirne, with Nevada Executive Steve Clinton heading SAG's efforts to attract production to Nevada. - Art Lynch

April 18, 2011 first published.

1 comment:

Bridget West COM 101-4080 said...

I had no idea that tax incentives are used to lure producers to different states. I do think that this would be a great idea for Nevada and/or Las Vegas. We are always trying to find new ways to attain more revenue and create more jobs. If this bill is passed, it would help in both of those areas. I want to keep an eye on this bill and the results.