House Bill 1100 Passes Senate!

I just received the good news regarding a special bill that would give Georgia film, music and interactive entertainment industries a much larger tax break for development projects if developed within Georgia. This is excellent news as this now makes Georgia a much more attractive tax haven for these industries to get started and thrive. I didn't know if it was possible to make Atlanta as appealing as the West Coast, but now I'm actually beginning to think that it could possibly happen.

So what does this mean for students? Well it means more job opportunities for those looking to find jobs in these types of industries without necessarily having to move to the West Coast. For someone who is very much interested in entering either the Video Game or Animation industry, this could not be better news!

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HB1100 Passes Senate!

Thanks to everyone who contacted their senators in support of House Bill 1100. HB1100 passed the Senate 48-1 on Monday. This vital tax legislation provides for a 20%-30% flexible tax incentive for film, music, and interactive entertainment projects in Georgia.

While our current tax incentive is 9%-12%, Georgia wasn't really competitive at those rates. Think in terms of a "buy one, get one free dinner at your local restaurant". Georgia's 9% discount didn't provide enough incentive to attract feature projects and promote infrastructure improvements.

With our new 20%-30% incentives, we're in a good position to speak with west coast and Canadian companies about looking to Georgia for production and expansion opportunities.
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