Legislation Helps to Increase Film Jobs and Revenue

Visiting Salem, writing our legislators, making our voices heard, it's all paid off. Governor Kulongoski signed into law yesterday a bill that expands the Oregon Production Investment Fund (OPIF). Oregon’s legislature passed SB621 which increases the maximum amount of tax credits made available to fund the program from $5 million to $7.5 million per year. By passing SB 621 into law, Oregon’s film and TV industry is sure to continue its record growth. Oregon has already secured enough projects in 2009 to make this year the best year for Oregon’s film and Television industry in over fifteen years. The Governor said, “Oregon’s film and video industry is a bright light in Oregon’s economy. When projects are produced here in Oregon, it means family wage jobs for local residents, and substantial revenue for local, small businesses. By signing this bill into law, I expect that we’ll see more growth, more employment, and more revenue for our state.”

A rising tide lifts all boats and we're excited that the House, the Senate and the Governor saw the value in this bill. We look forward to increased production in Oregon!