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.
©2003 U.S. Conference of Mayors