C7K-Urge Legislature To Enhance Florida Film-Entertainment Industry Incentive PrCOMMISSION ITEM SUMMARY
Condensed Title:
A Resolution Urging The GovernorAnd Legislature Of The State Of Florida To Pass House Bill451 And Senate Bill '1046,
The Florida Film & Entertainment lndustry Financial lncentive Proqram With Additional Tax Credits.
lntended Outcome Su
Item Summary/Recommendation :
Maximize The Miami Beach Brand As A World Class Destination
Supporting Data (Surveys, Environmental Scan, etc.): N/A
On July 1,2010, the State of Florida's first major Film and Entertainment lndustry Tax Creditwas implemented, ushering in
a whirlwind of new film and television productions to the state, principally in the Southeast region. Miami Beach alone has
seen a 172o/o increase in production dollars spent annually from before the incentive to recent years, when we hosted
productions like "Burn Notice," "Magic City, " "Pain and Gain," "lron Man 3," and several locally produced telenovellas from
Miami-based Telemundo and Venevision. Film permits in Miami Beach have reached new records in annual permits issued
(1123), dollars spent ($127.7 million) and room nights (nearly 29,000) in Miami Beach in the past two years. The $296
million of allocated tax credits has brought in $1.5 billion in new Florida production spending, including $930 million in wages
for over 190,000 Florida production jobs. A recent study prepared by the Motion Picture Association of America (MPPA) in
conjunction with Visit Florida for the Florida Department of Economic Opportunity (DEO) showed 19.SYo of all visitors and
22.7% of leisure visitors to Florida stated viewing a movie or television series filmed in Florida was wither "extremely
important" or "very important" in their decision to travelto Florida and, further, the incentive provides a return on investment
of no less than $5.60 and potentially up to $15.00 for every $1 of incentive tax credit issued.
The allocated credits have now fully been used or allocated and no further credits were added in the 2013 Legislative
session, putting our future in entertainment production in jeopardy. The City's Tourism, Culture, Economic Development
Department's Film Office, serving in leadership of Film Florida, the statewide entertainment industry trade association, has
worked since the end of last year's session to educate the Legislature on the need for enhanced and reliable funding to
compete with states like Georgia, Louisiana and New York. This week, Representative Manny Diazol Hialeah filed H8983,
proposing strong and reliable long term funding for the program. A Senate companion bill, sponsored by Senator Nance
Detert is
N/A
Financial !nformation :
Source of Funds:
N/A
Amount Account
1
Total
Financial lmpact Summary:
N/A
Max Sklar, Tourism Cultural and Economic Director
AGENDA fiEM C7 KMIAMIBEACHo^rE 3-ll-li340
g MIAMIBEACH
City of ,[iomi Beoch, 'l 700 Convention Center Drive, Miomi Beoch, Florido 33,1 39, www.miomibeochfl.gov
COMMISSION MEMORANDUM
TO:Honorable Mayor Philip Levine and
FRoM: Jimmy L. Morales, City Manager
DATE: March 11,2014
M!AM! BEACH, FLORIDA, URGING THE GOVERNOR AND LEGISLATURE OF THE
STATE OF FLORIDA TO PASS HOUSE BILL 451 AND SENATE BILL 1046,
ENHANCING THE FLORIDA FILM & ENTERTAINMENT INDUSTRY FINANGIAL
INCENTIVE PROGRAM WITH ADDITIONAL TAX CREDITS.
BACKGROUND
On July 1,2010, the State of Florida's first major Film and Entertainment lndustry Tax Credit
was implemented, ushering in a whirlwind of new film and television productions to the state,
principally in the Southeast region. Miami Beach alone has seen a 172o/o increase in production
dollars spent annually from before the incentive to recent years, when we hosted productions
like "Burn Notice," "Magic City, " "Pain and Gain," "lron Man 3," and several locally produced
telenovellas from Miami-based Telemundo and Venevision. Film permits in Miami Beach have
reached new records in annual permits issued (1123), dollars spent ($127.7 million) and room
nights (nearly 29,000) in Miami Beach in the past two years. The $296 million of allocated tax
credits has brought in $1.5 billion in new Florida production spending, including $930 million in
wages forover 190,000 Florida production jobs. A recent study prepared by the Motion Picture
Association of America (MPPA) in conjunction with Visit Florida for the Florida Department of
Economic Opportunity (DEO) showed 19.5o/o of all visitors and 22.7o/o of leisure visitors to
Florida stated viewing a movie or television series filmed in Florida was wither "extremely
important" or "very important" in their decision to travel to Florida and, further, the incentive
provides a return on investment of no less than 95.60 and potentially up to $15.00 for every $1
of incentive tax credit issued.
The allocated credits have now fully been used or allocated and no further credits were added in
the 2013 Legislative session, putting our future in entertainment production in jeopardy. The
City's Tourism, Culture, Economic Development Department's Film Office, serving in leadership
of Film Florida, the statewide entertainment industry trade association, has worked since the
end of last year's session to educate the Legislature on the need for enhanced and reliable
funding to compete with states like Georgia, Louisiana and New York. This week,
Representative Manny Diaz of Hialeah filed HB983, proposing strong and reliable long term
funding for the program. A Senate companion bill, sponsored by Senator Nance Detert is
forthcoming.
RECCOMENDATION
The administration recommends approval of the resolution.
ffil&ffiseB
e83
T:\AGENDA\201S\March\TCED\Film lncentive Support 3-5-14 Commission Memo.doc
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RESOLUTION NO.
A RESOLUTION OF THE MAYOR AND CIry COMMISSION OF THE
CIry OF MIAMI BEACH, FLORIDA, URGING THE GOVERNOR AND
LEGISLATURE OF THE STATE OF FLORIDA TO PASS HOUSE BILL
451 AND SENATE BILL 1046, ENHANCING THE FLORIDA FILM &
ENTERTAINMENT INDUSTRY FINANCIAL INCENTIVE PROGRAM
WITH ADDITIONAL TAX CREDITS.
WHEREAS, the Florida film and entertainment industries have long been coveted around the
world and the City of Miami Beach has been fortunate to host, cultivate, and support this industry for
the past six decades, going back to Frank Sinatra, Jackie Gleason, and Miami Vice; and
WHEREAS, the unmitigated success of the Florida Film & Entertainment lndustry Financial
lncentive Program, passed in 2010, led to Miami Beach having a second consecutive record year in
2013 in terms of film permits issued (1123) and dollars spent on permitted productions (just under
$128 Million), as well as accounting for over 14,600 room nights in Miami Beach alone, including
television projects such as "Burn Notice," "Magic City," and many reality and telenovela productions;
and
WHEREAS, the result of no additional funding in this program the past two legislative sessions
has seen a7.5o/o drop in permits issued and room nights and a 15.25o/o drop in dollars spent in Miami
Beach in 2014, and
WHEREAS, these projects, and those before them, have showcased Miami Beach to the
world and continue to do so in perpetuity, enhancing Miami Beach's brand worldwide and serving as a
diversifier and engine of tourism, the City's primary economy; and
WHEREAS, the current tax credits within the Florida Film & Entertainment lndustry Financial
lncentive Program haven been exhausted with the last incentivized productions completing their work
now, leading to the loss of at least seven major film and television productions that were slated for our
area in the past six months alone to competing states and locations, including Georgia and Louisiana,
New York and Puerto Rico, with more and likely permanent losses expected if funding is not restored
this year,
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMTSSION
OF THE CITY OF MIAMI BEACH, FLORIDA that the Mayor and City Commission hereby urge the
Governor and the Legislature of the State of Florida to pass HB 451 and companion SB 1046, which
serve to add additional and sufficient tax credits to the Florida Film & Entertainment lndustry Financial
lncentive Program so that the State of Florida and the City of Miami Beach may retain and enhance
their positions as key entertainment industry production centers.
PASSED and ADOPTED this 11th day of March 2015.
PHILIP LEV!NE, MAYOR
ATTEST:
RAFAEL E. GRANADO, CITY CLERK
FIT_Orive\AGENDA\201,1U,!arch\Film Incentive Support Resotution 201 5.doc
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