San Francisco supervisor proposes boost to city's film and TV tax incentive

A San Francisco supervisor has projected expanding the city’s movie and tv taxation recognition to lure much productions to the Bay Area.

Board President Rafael Mandelman introduced authorities Tuesday that would make a tiered rebate strategy based connected section spending connected items similar San Francisco nonmigratory wages, services oregon goods.

To qualify, astir productions indispensable walk a minimum of $500,000 successful the metropolis and sprout astatine slightest 5 days of main photography there. Those productions besides get a 100% rebate connected metropolis bureau fees, including permits and constabulary services.

Then, nether the caller proposal, those projects could get 10% backmost connected the archetypal cardinal dollars spent successful San Francisco, past 20% connected immoderate qualified section spending beyond that, said Manijeh Fata, enforcement manager of the San Francisco Film Commission.

“As localities crossed the authorities vie to pull much movie production, San Francisco indispensable enactment successful the game,” Mandelman said successful a statement. “Strengthening our movie inducement programme volition support jobs successful San Francisco and assistance guarantee this important economical enactment doesn’t bypass us.”

The authorities is expected to spell to a committee proceeding adjacent month, with a last ballot perchance astatine the extremity of January oregon aboriginal February, Fata said.

Though San Francisco’s accumulation inducement was established successful 2006, the programme has been “underutilized,” said Supervisor Connie Chan, who is co-sponsoring the legislation.

“I enactment this legislative update truthful we tin guarantee the archetypal intent and benefits of the programme tin beryllium afloat materialized,” she said successful a statement. “I expect the movie rebate programme to present robust occupation opportunities for workers, originative promotion of our City done films that volition boost tourism and summation income taxation gross with movie manufacture spending.”

San Francisco’s inducement connection comes 5 months aft California accrued the headdress connected the state’s movie and tv taxation recognition programme successful an effort to curb runaway accumulation to different states and countries.

California present allocates $750 cardinal annually to the program, up from $330 million. Legislators besides broadened the benignant of productions eligible to use for the credit.

Since then, much than 3 twelve TV shows, including a “Baywatch” reboot, and 52 films person been awarded taxation credits.