Friday Jun 01 2012
Placer supes asked to support film incentives
By: Journal Staff Writer
AUBURN CA - Placer County supervisors will be asked Tuesday to approve a letter to state Senate leaders expressing support for extension of film tax credits. The county would be asking to extend an existing tax-credit program intended to help local economies throughout California attract movie and TV productions. The board will consider the support letter at a meeting Tuesday. More than 40 states and many nations offer financial incentives to the film industry and are luring production and post-production jobs and spending away from California. As local examples, Placer County can count at least two productions that took advantage of the already established California Film and television Incentive Program. ?Cinema Verite? and HBO TV movie, and ?The Muppets Movie,? released last year, both collected incentive tax credits after filming in Placer County. Supervisors are to also hear a report from Principal Management Analyst Allison Carlos stating that county departments are watching 30 state bills closely, including several budget proposals. The county and its lobbying firm in Sacramento, Peterson Consulting, are also following any moves toward pension reform, Carlos said. Carlos said that an evaluation of pension reform bills indicates they won?t progress quickly but there will be activity in late July or early August. ?It is unclear what that package may look like and whether or not it will require voter approval,? Carlos said. Tuesday?s meeting is slated to start at 9 a.m. in the Placer County Administrative Center, 175 Fulweiler Ave., in Auburn.