Italian cinema reform bill clears hurdle

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ROME -- Italy's cinema reform bill, which will create nationwide incentives for producers making films in Italy and streamline the credit and tax rebate process for Italian-made productions, passed the Italian Senate on Monday.

Although the senate's passing of the bill -- officially known as Article 7 of the 2008 budget -- does not make it law, the upper house of the Italian parliament was considered one of the main obstacles to its passage.

The measure is backed by the government of Italian Prime Minister Romano Prodi, which holds a wider majority in the lower house of parliament -- set to vote on the measure next -- than it does in the senate.
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