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Committee advances updated Film SF rebate to make city more competitive for productions
Summary
The Budget & Finance Committee voted 3'0'00 to forward an ordinance that restructures the city's film rebate into a tiered program (10% up to $1M local spend; 20% above; 100% city fee rebate), raises the cap to $1M and requires a minimum five days of principal photography in San Francisco.
The Budget & Finance Committee on Jan. 14 forwarded to the full Board an ordinance to modernize San Francisco's film incentive program, expanding eligibility, increasing the cap and changing the rebate to a tiered model.
President Mandelmann and Mani Fata, executive director of Film SF, told the committee the current program (last updated in 2006) mainly rebated city fees, was capped at $600,000 and had fallen behind incentives offered elsewhere. The proposed changes would create a tiered rebate: 10% back on qualified local spending up to $1 million, 20% on spending…
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