Understanding GA SB349 and HB1180 - UPDATE
GA SB349
Georgia Senate Bill 349 (GA SB349) was a legislative proposal aimed at altering the tax incentives currently offered to the film industry within the state of Georgia.
What Does the Bill Propose?
GA SB349 proposed changes to the tax credits and incentives that have made Georgia a hub for film and television production.
Who Could It Affect?
This bill could have far-reaching effects on various stakeholders:
- Film Industry Workers: Actors, directors, producers, crew members, and support staff who rely on the thriving film industry in Georgia for employment opportunities could see reduced job opportunities if production companies choose to film elsewhere.
- Local Businesses: The film industry contributes significantly to the local economy by patronizing businesses such as hotels, restaurants, catering services, transportation providers, and more. A decline in film production could lead to decreased revenue for these businesses.
- Economic Development: Georgia has built a reputation as the "Hollywood of the South" due to its generous tax incentives, attracting major film and television productions. If GA HB1180 diminishes these incentives, it could deter future investments in the state and hinder economic growth.
Latest Update
GA SB349 did not reach the floor during the legislative session.
GA HB1180
House Bill 1180 (GA HB1180) was another legislative proposal, attached to GA SB349, aimed at altering the tax incentives currently offered to the film industry within the state of Georgia.
What Does the Bill Propose?
GA HB1180 proposed similar changes to tax credits and incentives as SB349, aiming to reduce the benefits available to production companies operating in Georgia.
Latest Update
GA HB1180 did not reach the floor during the legislative session.
What's the difference between GA SB349 & GA HB1180?
- Origination: HB1180 originated in the House of Representatives, while SB349 originated in the Senate
- Scope: Both bills aimed to modify tax incentives for the film industry; differences in scope may include eligibility criteria and caps on credits
- Details of Tax Credits: Specific provisions regarding tax credits might differ between the bills
- Legislative Process: The bills followed distinct paths through the legislative process
Possible impacts of GA SB349 & HB1180
- Job Losses: Reduced filming activity in Georgia could lead to layoffs and decreased opportunities for industry professionals.
- Economic Downturn: The ripple effect of a weakened film industry could extend to other sectors of the economy, negatively impacting businesses and communities.
- Loss of Talent: Georgia has attracted top talent and built infrastructure to support the film industry. If incentives are reduced, talented individuals may seek opportunities elsewhere.
The Fight Is Not Over!
Although SB349 and HB1180 did not advance during this legislative session, the threat to Georgia's film industry may reemerge when the session next meets beginning in January 2025. It's crucial to remain vigilant and continue advocating for policies that support the growth and sustainability of the film industry in Georgia.
Make Your Voice Heard Today!
Now is the time to take action to protect the future of the film industry in Georgia.
Contact your local representatives and urge them to support policies that promote the growth and sustainability of the film industry in the state. Click here to find information for your local legislator (who they are, contact info, etc).
Attend meetings at your local to discuss how you can help.
Together, we can make a difference!