COMPASS Legislative priorities for 2016
We have been in discussions throughout the 2015 committee weeks season regarding the creation of new incentive legislation for the 2016 legislative session. The focus will be on introducing a rebate program as opposed to offering tax credits as in previous years.
In addition, every key priority in the COMPASS portfolio will be retained:
- Elimination of the first-come,first-served allocation process.
- A pre-review or ranking evaluation of all applications.
- Transparency: the “What, Where and When” of certified production.
- Biannual Allocations to increase availability of tax credits throughout the year.
- Elimination of the Conditional Certification process.
- An additional priority will be implementation of a 60% in-state production requirement as a means to impel productions to shoot a majority of their productions days in Florida.
A primary goal is the establishment of a replenishing component in new legislation. COMPASS favors an “equity investment pool” concept whereby the state has ownership in all productions that receive incentive allocations. Profits derived from the pool will be returned to the program.
The COMPASS Commitment: Since our earliest days, we have consistently maintained that – through the creation of good long-term jobs for Floridians and maximum “spend” in Florida communities – only high-impact feature film and television production generates the highest possible rate of return for Florida’s taxpayers.
The COMPASS Strategy: We identify key sources of legislative influence, seek their counsel and support, and then coordinate our message to theirs, reflecting the natural priority of state government to create economic growth by putting tax dollars to work prudently and with good business sense.
COMPASS Perseverance: We’ve been at this for over three years and our “street cred” is now well-established. Florida’s legislators recognize that our ideas make good business sense. More than that, they know that we’re not going away . . . ever. We keep coming back and doors keep opening.
Since May of 2012, the Congress of Motion Picture Associations of Florida (COMPASS) has maintained an unfaltering legislative presence in Tallahassee and around the state, building credibility as the primary advocacy group for the Florida men and women who work in movie and television production and the Florida businesses that support this industry.
Use this PayPal link to contribute to the COMPASS effort to enact new legislation to revitalize Florida motion picture production in 2016: