Utah gives filmmakers a reason to visit
With state tax incentive competition for filmmakers at a fever pitch, the Utah Film Commission has announced it is increasing its postperformance tax rebate from 10% to 15%. The Utah Motion Picture Incentive Fund program change was approved by the Board of the Governors Office of Economic Development to give a boost to the state's film industry. The cap on the fund remains at $500,000, and the budget for each film must be at least $1 million. Filmmakers can access a total of $4 million for qualifying productions during fiscal year 2007-2008, which began July 1.