Break out the champange or sparkling cider! SB 1752, the comprehensive jobs bill containing the entertainment industry incentive language, has passed the House (115 yays 0 nays) and is now headed to the Governor for signature! Please see Representative Precourt's official press release below my signature and attached.

$242 million in transferable tax credits will induce over $1.2 billion in direct spending by productions choosing Florida for their film, TV and digital media projects. The change from the current cash rebate incentive program, which required fighting each year for an annual appropriation, to a five year transferable tax credit program, addresses our clients' needs for continuity and certainty.