By: Jacqueline Gault | Comments Off on Governor Kate Brown signs measure to increase OPIF | View: 1475
Oregon’s governor will sign a measure today that her office believes will inspire film, television and media producers to work in more parts of the state.
The program, which rebate 20 percent of what producers pay for Oregon-based goods and services with additional payments for up to 16.2 percent of wages, will now make $12 million available. That’s up from the $10 million that’s available now. Productions must spend at least $1 million to qualify.
The incentives look to help Oregon become a go-to spot for filmmakers and television companies. The state has earned attention for hosting shoots of such works as Cheryl Strayed’s “Wild,” starring the Oscar-nominated Reese Witherspoon and Laura Dern, and such television programs as NBC’s “Grimm” and IFC’s “Portlandia.”
Gov. Kate Brown will sign Senate Bill 1507 at Laika’s Hillsboro studio. Oregon lawmakers overwhelmingly passed the measure during the recently completed 2016 short session.
The increased incentive takes effect July 1.
Brown said Oregon’s creative industry generates at least $160 million a year.
“Now that we are sharpening our tools to promote growth in Oregon, I challenge the film, video, and new media industry to expand your projects to all corners of the state,” she said in a release. “Over the last decade, you all have set the bar very high and I look forward to you making an even greater impact here in Oregon for years to come.”
Andy Giegerich – Andy is the Portland Business Journal’s digital managing editor, overseeing the daily digital news operation.
Industry Day in Salem 2/2 for SB1578