If you haven’t read the Virgina General Assembly Legislative Report prepared for the Virginia Production Alliance by Advantus Strategies, then take a second now to get caught up on the first week in session (week ending Friday, January 23, 2009) with this concise, three-page report on the latest developments on film incentives.
“…Presently the VTA is working on more than $250 million in production projects. This includes a new HBO/Playtone miniseries produced by Tom Hanks, all to be produced within next 18 months. For Virginia to be competitive it must have funds to use for incentives. As a result the VPA has been working over the past year to create acceptable legislation that identifies new revenue sources for generating money to consistently fund the Governors Motion Picture Opportunity Fund…”