Posted 29 March, 2008 in MS News
Governor Haley Barbour has signed Senate Bill 2997 to provide additional and improved incentives for the film industry. The bill was unanimously passed by the Mississippi Legislature during its 122nd Session. It is effective immediately. Under the new legislation, rebate incentives offered to filmmakers will increase to 20 to 30%, depending on the production’s local spend. The bill also creates an additional 10% rebate on out-of-state worker wages. Although no minimum spend is required, the legislation caps the rebate at $5 million for each individual project.
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