By: Brittani Bowman & Joseph Kimsey

(source: https://pixabay.com/en/news-reporting-crew-reporter-490680/)
With the 7th season of AMC’s The Walking Dead beginning this month and the recent success of Netflix’s Stranger Things, the media sphere of Georgia has been growing with no signs of slowing down. Georgia’s newfound popularity can be explained surprisingly easily, the main cause is Georgia’s film tax credit. Georgia’s first tax incentive, which was a point of purchase sales and tax exemption, was introduced in 2002, but it would only continue to grow. In 2005, the former mayor, Sonny Perdue, signed the Georgia Entertainment Industry Investment Act into law.
In 2008, Georgia changed its tax codes to allow film companies that spend $500,000 or more on production and/or post production in Georgia to receive a 20% tax credit. It’s then possible to receive an additional 10% if the finished product has a state provided promotional logo (“Film, Television and Digital Entertainment”). Recently the Governor of Georgia, Nathan Deal, has been deeply involved in the tax codes and keeping them intact (Bluestein), but it was former Governor Sonny Perdue who originally signed the law to revise the Entertainment Industry Investment Act (Dominey). On July 9th, 2015, Governor Nathan Deal announced “that Georgia-lensed feature film and television productions generated an economic impact of more than $6 billion during fiscal year 2015 (July 1, 2014-June 30, 2015),” while that impact was only $770 million in 2009. According to the Governor’s Budget Report for Fiscal Year 2017, over $504 million dollars was issued as tax credits in 2015’s fiscal year.
By 2011, more than 700 productions had been filmed in Georgia (Wells). The tax code may be the main reason why films are beginning to move east, but there are a number of other states that also offer similar incentives. So why Georgia? On top of our tax incentives we also have other attractions that include the diverse geography, for example we have urban areas like Atlanta, but we also have more rural looking areas in more Southern parts of Georgia, like Americus. We have readily available sets, such as the historic 19th century setting in Coweta County. Also, Georgia is host to film festivals, such as the Atlanta Film Festival, which also helps to bring in people in the film industry (Dominey).
Some wonder if these tax incentives are even worth it, and want to get rid of system. When you look at the revenue it’s been bringing in, and the popularity of Georgia in recent years since the tax changes were enacted, I feel that it’s a positive thing for us. It’s also nice that film makers will often employ Georgians in their projects when they come down here.
Sources
https://drive.google.com/file/d/0BwhwDNStyAPCSEM1TmVKRkQtWDQ/view?usp=drivesdk
https://www.expatistan.com/cost-of-living/index/north-america
Wikipedia Article (for curation of sources)
Governor’s Budget Report: Fiscal Year 2017
Gov. Deal’s announcement
Bluestein, Greg. “Why Georgia’s Film Tax Credit Could Be in the Crosshairs in 2016 | Political Insider Blog.” Atlanta Journal-Constitution. Atlanta Journal-Constitution, 12 Jan. 2016. Web. 28 Sept. 2016. <Link>
Dominey, Craig. “Film Industry in Georgia.” New Georgia Encyclopedia. 02 August 2016. Web. 11 October 2016.<Link>
Stevens, Tiffany. “Lights, Camera, Atlanta, Action.” AJC Access Atlanta. AJC, n.d. Web. 26 Sept. 2016.
“Film, Television and Digital Entertainment Tax Credit – Georgia Department of Economic Development.” Georgia Department of Economic Development ICal. Georgia Department of Economic Development, n.d. Web. 24 Sept. 2016. <Link>
“Production Incentives and Forms – Georgia Department of Economic Development.” Georgia Department of Economic Development ICal. Georgia Department of Economic Development, n.d. Web. 24 Sept. 2016. <Link>
Wells, Steve, and Mark Ross. “One For The Money, Two For The Show…” Take Two.” Journal Of State Taxation 31.3 (2013): 33-47. Legal Collection. Web. 19 Oct. 2016.