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Feds Insert Film 'Pork"; Louisiana Pushes Pricey Incentives 'Button'
Film incentives are rightfully the buzz around Texas right now with the next session of the Legislature just around the corner. But they're also getting some national attention, including as a "pork" addition to the government bailout of the mortgage biz.
It seems a national fix for film incentives, primarily aimed at equalizing the playing field with Canada, made it into the bill's language: According to Broadcasting & Cable magazine, it will "extend and modify temporary expensing rules (they were to expire at the end of this year) that are meant to discourage the flight of TV and film production to Canada and elsewhere by expanding the number and type of deductions that can be taken in the year of production.