This tide raises many boats
Who Benefits
THE BENEFITS OF FILM AND TV PRODUCTION TAX INCENTIVES & A STATE FILM OFFICE
Film and TV production tax incentives are instrumental in creating and retaining jobs, boosting local economies and promoting tourism. Film and TV production creates a ripple effect in a community, benefiting local crew members and independently-owned businesses in the area.
Proposed plan:
- 25% tax credit on qualifying production expenditures
- Only money spent on wisconsin-based businesses and crew wages qualifies
- Qualifying productions include feature and short films, television series, documentaries and advertising
- Minimum spend for feature films: $100,000
- Minimum spend for short films: $50,000
- Annual fund: $5 million (with a maximum of $1 million per project)
HOW WISCONSIN FILMMAKERS, CREW MEMBERS & ACTORS BENEFIT:
- Only wages paid to Wisconsin crew members will qualify, encouraging out-of-state productions to hire in-state residents
- More production in the state means:
- More opportunities for steady employment
- More opportunities for on-the-job experience
- More opportunities for higher pay rates
- More jobs!
- Wisconsin filmmakers could increase their budgets by a possible 25%
Importance of a State Film Office:
- Point of entry for any in-state or out-of-state production
- Maintains crew lists
- A resource for locations
- Recommends area vendors
- Clarifies how tax incentives work and their benefits
HOW COMMUNITIES BENEFIT WHEN A PRODUCTION FILMS IN THEIR TOWN
Film and television productions bring many people to an area. People who will eat, shop and sleep in your community, ensuring small business owners experience an economic boost.
Businesses and individuals that will benefit from a production in your community include:
- Local government (location permits and other fees)
- Tourism offices
- Lighting and equipment rental houses
- Camera rental houses
- Restaurants
- Bars & Taverns
- Coffee shops
- Bakeries
- Food trucks
- Hotels
- Property owners (short-term rentals and VRBO/AirBNB leases)
- Realtors & Rental Agents
- Caterers
- Carpenters
- Fabricators and other skilled craftspeople
- Electricians
- Dryclearers
- Clothing stores
- Grocery stores
- Drug stores
- Hardware stores
- Lumber stores
- Second-hand stores
- Taxis
- Car and limousine services
- Events planner
- Event space owners
- Parking lot owners
- Tutors and other educators
- Classic car collectors
- Security companies
- Casting directors
- Local background actors
