2000 Session

Budget Amendments - SB30 (Conference Report)

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Civil War Movies

Item 548 #6c

Item 548 #6c

First Year - FY2001 Second Year - FY2002
Central Appropriations
Central Appropriations FY2001 $0 FY2002 ($1,000,000) GF

Page 374, line 48, strike "$1,250,000" and insert "$250,000".
Page 376, strike lines 33 through 40 and insert:
"G.1.  Out of the amounts in this Item shall be provided $1,000,000 the first year from the general fund to be used as incentives to partner with a film company for the filming, in Virginia, of up to two movies on the Civil War.  Prior to the offer of any incentives, the film company must certify that a distribution and production agreement has been reached with a network, cable or theatrical distributor.  Any consideration for incentives shall be directly tied to an in-kind promotional agreement between such company and the Virginia Tourism Corporation.  Such in-kind agreements may include promotional advertising, inclusion of a promotional "trailer," and promotional links to related "Web Domains."  The Virginia Tourism Corporation may also set other criteria in determining the amount of incentives to award such company.
2. Any funds not otherwise committed for the purpose outlined in paragraph G.1., shall be carried forward and made available to the Governor's Motion Picture Opportunity Fund, as established in § 2.1-548.61, Code of Virginia.  
3. Prior to November 1, 2000, the Tourism Corporation shall develop a methodology for calculating the economic benefit of providing grants to attract film production.  The methodology shall include a way in which to measure and determine the direct impact of tax revenue generated by each film attracted by use of a grant. In preparing the methodology required under this paragraph, the Tourism Corporation shall cooperate with the House Appropriations and Senate Finance Committees.  The Committees shall make periodic inquiries on the progress of this project."

(This amendment provides incentive funding for the filming of two Civil War movies in Virginia.)