informa
1 min read
article

Florida House Unanimously Passes Game Tax Breaks

The Florida House of Representatives this week unanimously passed a bill that will boost existing state tax breaks for the entertainment industry, including video game development, with a 112-0 vote.
The Florida House of Representatives this week unanimously passed a bill that will boost existing state tax breaks for the entertainment industry, including video game development, with a 112-0 vote. If passed into law, the bill (HB 697) will raise tax credits on in-state spending for "qualified productions" from 15 percent to 20 percent. A supplementary 5 percent credit is available to projects produced during the June to November "off season" period, and a further 5 percent is available to "family-friendly productions." The bill defines family-friendly productions as those that, by determination of the Commissioner of Film and Entertainment, are suitable or children age 5 and older and "do not exhibit or imply any act of smoking, sex, nudity, gratuitous violence, or vulgar or profane language." A previous draft of the bill excluded all productions that did not fit these criteria, but that requirement drew fire and was replaced with the secondary credit. While the discussion of the bill in the Florida House has largely centered around attracting the film industry, all of its core tenets apply equally to video games. It was sponsored by Rep. Stephen Precourt (R) and Sen. Mike Haridopolos (R).

Latest Jobs

Treyarch

Playa Vista, California
6.20.22
Audio Engineer

Digital Extremes

London, Ontario, Canada
6.20.22
Communications Director

High Moon Studios

Carlsbad, California
6.20.22
Senior Producer

Build a Rocket Boy Games

Edinburgh, Scotland
6.20.22
Lead UI Programmer
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more