Keep Georgia’s Music Industry Strong and Growing!
Tell your state legislators to amend HB 1027 to include music in the film and TV production tax credit
This week, the Georgia General Assembly is considering HB 1027, a bill that would amend the state tax credit for film and television production in the State of Georgia. Clarifying language must be added to the bill to ensure that our Georgia music industry is included in the state tax credit.
Under the 2008 Georgia Entertainment Industry Investment Act, certain costs associated with film and television productions qualify for a tax credit, providing a strong incentive for companies to bring new business to the state. A provision of the law needs to be amended to clarify that expenses for sound recordings and musical compositions are qualified expenses under the tax credit. Adding this language will not expand the tax credit, but only make clear a concept that is already in the law.
Music is a part of every film and television show and should be treated like any other production expense, such as wardrobe, craft services or rental cars. Adding this clarification to the law will help Georgia better market music for film and television productions. It will make Georgia more competitive with other states. It will open the door for more music companies to open offices in Georgia to benefit from the tax credit. And it will help grow businesses, jobs and revenue in Georgia. Georgia’s music industry already supports nearly 20,000 jobs and has a total impact on the state’s economy of $3.8 billion.
Contact your State Senator and Representative TODAY and ask them to support the Music Clarification Amendment to HB 1027 so that expenses for sound recordings and musical compositions are included in the Georgia film and television tax credit.
CALL TO ACTION:
It is very important that you act now. Don’t delay. Ask your extended family and friends to contact their legislators. Every person, every letter counts. We want to speak with one voice. Contacting your legislators takes less than 1 minute!
Click this link to urge your legislators to amend HB 1027 to include music in the film and TV production tax credit: https://capwiz.com/grammy/issues/alert/?alertid=61103836
