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Agenda 01/27/2015 Item #16F 3 1/27/2015 16.F.3. EXECUTIVE SUMMARY Recommendation to adopt a Resolution to support House Speaker Steve Crisafulli's setting of funding film, television and entertainment incentives as one of his legislative priorities; urging all Florida counties to join in this initiative with no fiscal impact to Collier County. OBJECTIVE: To support a legislative priority set by House Speaker Steve Crisafulli for funding the film, television and entertainment incentives in the State of Florida resulting in the creation of high-wage jobs and bringing new money to local economies. CONSIDERATIONS: A highly successful $296 million film and entertainment tax credit incentive program, which is scheduled to sunset on July 1, 2016, is deplete of all tax credits unless it becomes a legislative priority in 2015. • Despite substantial lobbying efforts for the last 2 years, there are no tax credits available to attract new entertainment production to Collier County, let alone the entire State of Florida. • Florida is at a competitive disadvantage to the roughly 40 states that do offer incentives to attract film,television, commercials and other production companies to their state. • Collier County is at an additional disadvantage because there are other jurisdictions within the State, like Jacksonville, Sarasota, Tampa Bay and St. Pete/Clearwater that offer local incentives apart from any State incentive program. • In a study conducted by Visit Florida, 19.3% of tourists surveyed chose to vacation in Florida because of a film or television show they viewed that depicted Florida in it. Film and television are an inducer of tourism to the state. • This program has proven to be fiscally responsible. Prior to even one dollar of tax credits being awarded,production must first spend all their money and provide audited proof that they have met all the program's minimum threshold requirements. • Collier County is competing to lure high profile projects such as the first in a trilogy of Travis McGhee film projects, "Deep Blue Goodbye" from Twentieth Century Fox Studio but it is a challenge to lure these big budget projects to Collier County without any entertainment production incentives. • The Film and Entertainment Industry is a clean industry that infuses a significant amount of new capital into the state's economy by supporting infrastructure development, promoting tourism, contributing to the local hotel and lodging industry and most importantly it provides local jobs. FISCAL IMPACT: There is no fiscal impact associated with this action GROWTH MANAGEMENT IMPACT: There is no growth management impact associated with this action LEGAL CONSIDERATIONS: This item has been approved as to form and legality and requires majority vote for approval.—CMG RECOMMENDATIONS: That the Board of County Commissioners adopt a Resolution to support House Speaker Steve Crisafulli's decision to set funding of film, television and entertainment incentives as one of his legislative priorities this legislative session. Prepared by: Maggie McCarty, Tourism, Film Liaison Attachments: Resolution Packet Page-772- 1/27/2015 16.F.3. COLLIER COUNTY Board of County Commissioners Item Number: 16.16.F.16.F.3. Item Summary: Recommendation to adopt a Resolution to support House Speaker Steve Crisafulli's setting of funding film,television and entertainment incentives as one of his legislative priorities; urging all Florida counties to join in this initiative with no fiscal impact to Collier County. Meeting Date: 1/27/2015 Prepared By Name: GreenKelly Title: Tourist Development Tax Coordinator,Tourism 1/15/2015 3:28:32 PM Submitted by Title: Director-Tourism,Tourism Name: WertJack 1/15/2015 3:28:33 PM Approved By Name: WertJack Title: Director-Tourism,Tourism Date: 1/16/2015 10:36:35 AM Name: GreeneColleen Title: Assistant County Attorney, CAO General Services Date: 1/16/2015 2:09:11 PM Name: FinnEd Title: Management/Budget Analyst, Senior,Transportation Engineering&Construction Management Date: 1/20/2015 8:56:24 AM Name: KlatzkowJeff Title: County Attorney, Date: 1/20/2015 9:03:45 AM Packet Page-774- 1/27/2015 16.F.3. Name: OchsLeo Title: County Manager,County Managers Office Date: 1/20/2015 10:28:36 AM Packet Page-775- 1/27/2015 16.F.3. RESOLUTION NO. 15- A RESOLUTION OF THE COLLIER COUNTY BOARD OF COUNTY COMMISSIONERS SUPPORTING HOUSE SPEAKER STEVE CRISAFULLI'S SETTING OF FUNDING FILM, TELEVISION AND ENTERTAINMENT INCENTIVES AS ONE OF HIS LEGISLATIVE PRIORITIES AND URGING ALL FLORIDA COUNTIES TO JOIN IN THE INITIATIVE. WHEREAS, in November of 2014, House Speaker Steve Crisafulli (R— Merritt Island) identified funding film, television and entertainment incentives as one of his legislative priorities; and WHEREAS, during the 2010 legislative session, the Florida Legislature enacted Chapter No. 2010-147, Laws of Florida (SB 1752), which created the Florida Entertainment Industry Financial Incentive Program ("Program"), codified as Section 288.1254, Florida Statutes; and WHEREAS, the Program offers tax credits to qualifying film, television and other entertainment industry projects to attract business to and create jobs in this state; and WHEREAS, the Program was a significant success, and the Florida Legislature added an additional $12 million in funding during the 2011 session, and an additional $42 million during the 2012 session, for a total of$296 million; and WHEREAS, 342 productions qualified for the Program and spent approximately $1.5 billion in this state during the four-year period in which the Program was funded by the Florida Legislature, according to the Florida Office of Film and Entertainment; and WHEREAS, by early 2013, however, all of the state tax credits under the Program, totaling the entire $296 million, had been claimed, and the Florida Legislature has not added funding to the Program in the last two years; and Page 1 of 3 Packet Page -776- 1/27/2015 16.F.3. WHEREAS, at the present time, there are no state tax credits available to attract new film, television and entertainment projects to this state, other than tax credits that might be returned by projects that initially reserved credits,but ended up not going forward; and WHEREAS, since the funding was depleted, Collier County and the state have been operating at a competitive disadvantage to the roughly 40 states that offer incentives to attract film, television, commercials and other production companies; and WHEREAS, some businesses and individuals working in industries related to film production are relocating out of Collier County and Florida to states that are committed to attracting the entertainment industry; and WHEREAS, this Board would like to express its support for House Speaker Steve Crisafulli's setting of funding film, television and entertainment incentives as one of his legislative priorities and urges all Florida counties to join in this initiative. NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COUNTY COMMISSIONERS OF COLLIER COUNTY,FLORIDA,that this Board: Section 1. Supports House Speaker Steve Crisafulli's setting of funding film, television and entertainment incentives as one of his legislative priorities. Section 2. Urges all Florida counties to join in this initiative. Section 3. Requests that the County Manager's Office through its staff transmit a certified copy of this Resolution to House Speaker Steve Crisafulli, the Chair and Members of the Collier State Legislative Delegation, the Chairman or other presiding officer of the County Commission and the Mayor, County Administrator or other chief administrative officer of each of the other 66 counties in Florida and the Executive Director of the Florida Association of Counties. Page2of3 j1 Packet Page -777- 1/27/2015 16.F.3. THIS RESOLUTION ADOPTED this day of January, 2015 after a motion, second and majority vote favoring same. BOARD OF COUNTY COMMISSIONERS ATTEST: COLLIER COUNTY, FLORIDA, DWIGHT E. BROCK, CLERK By: Tim Nance ,Deputy Clerk Chairman Appro ed as to form and legality: Colleen M. Greene Assistant County Attorney 1 Page 3 of 3 Packet Page -778-