2003 Adopted Resolutions
71st Annual Meeting
Denver

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TAX INCENTIVES TO PROMOTE FILM PRODUCTION IN THE UNITED STATES

WHEREAS, the motion picture and television industry is a major sector of the U.S. economy; and

WHEREAS, many films and television shows are being made by American production companies outside of US borders where production costs tend to be significantly cheaper than in the United States; and

WHEREAS, the U.S. film industry is being lured by an array of tax incentives and loan programs offered by other countries; and

WHEREAS, these countries understand that film productions stimulate local, regional and national economic activity; and

WHEREAS, this is an issue impacting local jobs, and small businesses; and

WHEREAS, the people that would benefit from a wage credit are the men and women who work in small businesses and work mostly on the production of film,

NOW, THEREFORE, BE IT RESOLVED that the U.S. Conference of Mayors urges Congress to adopt H.R. 715, the United States Independent Film and Television Production Incentive Act of 2003. This legislation would create a wage credit in the tax code as an incentive to encourage film production in the United States; and

BE IT FURTHER RESOLVED that the U.S. conference of Mayors urges the U.S. Senate and the Administration to support similar legislation for enactment during the 108th Congress.