Posts Tagged ‘ Iowa ’

Good News for Iowa: Film Incentive Liability Shrinks From $330 Million to “Around $200 Million”

August 12, 2010

Looks like there is some good news for Iowa, whose “two for one” 50% production incentive was, briefly, the most generous incentive in the US.  Sadly, the gravy train was short lived because the people in charge of running the Iowa film office had no idea what they were doing (and that’s being kind…...

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New “Governing Magazine” Article Offers Good Overview of Current State of US Film Incentives

June 8, 2010

Thank you to Phil Drake for telling me about Zach Patton’s recent article in this month’s edition of Governing Magazine.  The article is an excellent introductory primer on the “state” of state film incentive programs in the US.  One thing that is debated about in the academic literature on international film production and runaway...

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Who is Suing Iowa Over Film Incentives? Blame Canada!

November 19, 2009
Who is Suing Iowa Over Film Incentives?  Blame Canada!

An Iowa State Court ruled in favor of several production companies suing the state over Iowa’s decision to suspend the incentive program for complete lack of oversight resulting in  millions of dollars of tax payer money wasted for out of state expenditures for items, such as luxury cars, that were not used in any...

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Auditor Report on Iowa Film Office “Oversight” Finds Only 2 of 22 Film Expenditures Tracked

November 18, 2009
Auditor Report on Iowa Film Office “Oversight” Finds Only 2 of 22 Film Expenditures Tracked

I obtained a copy of the independent auditor’s report to the Iowa Department of Economic Development concerning the complete lack of management and oversight at the Iowa Film Office.  It’s a doozy.  For a time, Iowa had the largest tax incentive in the nation, besting even Michigan.  When combined, Iowa’s incentives could put 50%...

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