[newsletter]
There is good news for those of us that are working hard and participating in the industry of film in Oregon. On the news that New Mexico has reduced their incentives for film and video, Governor Kitzhaber announced with the 2011 budget that the tax incentives would remain in place.
A number of Income Tax expenditures are due to sunset by the closing of 2011. Of these, The Film Production Labor Rebate (ORS 316.698/317.394) and Film Production Development Contributions (ORS 315.514) have sunsets for 2011 that Governor Kitzhaber have request be extended through the 2013 biennium.
All in All,the Governor recommends continuing 23 corporate and personal income tax credits that are set to end in 2011-13. Most of them do not have a substantive affect on the General Fund and accumulate to about $38.4million. The Governor recommends enhancing the Business Energy Facility credit, resulting in a decrease of $5 million, and an expansion of the Film Development tax credit by an additional $10 million. Another large gain for Oregon film is the inclusion of $1.3 million in lottery funds allocation.
For the most part, the comments from the governor were brief in regard to film and video productions in Oregon. The report released with his press conference helped to shed light on the continued support that our government leaders are willing to put toward our industry. Things are looking bright for Oregon film and video.
I recently joined the Oregon Media Production Association, and I have one big thing to say about that: why did I hesitate? While that is my answer alone, I can now say I am in, and I couldn’t be happier. I went to the Annual Meetup and Meeting at Urban Grind and Picture This Studios, and it was such a great time. I started out pretty antisocial, for no other reason than I hadn’t sat in days, and I just need a break. So I sat for awhile, read The Goon, and ate the food that was catered for the evening. Once the meeting was over, though, I stepped in and started meeting the massed. I met a cool actor, Rob Harris, and the woman who coordinated the event Jena, Dan Ackerman who runs Stage 13, and a whole host of others. It was great fun, and I encourage anyone who is SERIOUS about film and video to be a part of this great organizations.
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On a final note, I finished the last two thirds of the music video I am shooting for Cold Metal. The as of yet unreleased song, Rise Again, has it’s mass of zombies eating their way through the shoot, which makes me incredibly happy. I figured I would share some pictures from the first weekends extravaganza of shooting.
