New update for Connecticut Film/TV tax incentives
Back in May, I posted on here the new law that Connecticut offered filmmakers to attract film and television to the state. It consists of a 30 percent tax credit for productions costing $50,000 or more and is one of the most generous in the country. Credits cannot be granted to actors making more than $10 million to anyone working on a production or their representatives. This past July, the State Legislature extended this credit to any production company doing commercials, etc.
Since this passed one year ago, we have had 36 productions filmed in Fairfield and New Haven Counties, with “Revolutionary Road” (Winslet and DiCaprio) filming in Bridgeport, Bethany, etc as well as “Sisterhood of the Travelling Pants 2”, filmed at Western CT State University in Danbury and most recently, John Travolta, Kelly Preston, Robin Williams and Seth Green in Disney’s “Old Dogs” in Redding. They filmed at the Redding Community Center and for 5 days at Putnam Park, where the crew camped each night. The stars rented houses in Greenwich, because they were shooting in Redding and New York City. (They paid $5,000 for the community center and a very generous $8,000 for the state park.*)
The problem is Connecticut has only one production facility but no soundstages or infrastructure. If all these mediums keep coming here, we need a system in place.
On August 16, Gov. Rell gave a press conference with special guest, John Travolta, at Putnam Park in Redding. It dealt with a new chapter in the tax incentives – to offer greater tax incentives to production companies that film here. The new law creates jobs and “establishes new, transferable credits against the corporation and insurance premium taxes for investments in film and digital media infrastructure projects and digital animation productions. It also directs our Office of Workforce Competitiveness to establish a training program to supply employees for our state’s burgeoning film industry.”