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Decision Virginia Archive 8/08- 7/12

Spacek at the Capitol to push film production investment

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Tuesday marks cross-over day at the State Capitol in Richmond, a crucial point in the legislative process. After today, the respective houses can only vote on measures that were initially proposed in the other body. Cross-over day often brings with it a whirlwind of activity where member push their pet projects before it is too late.

While the work on the floor of both the House and Senate is fast and furious, it is often a colorful day at the State Capitol. It is not uncommon for the members to use creative tactics to get their measures passed.

Today Lt. Governor Bill Bolling invited Oscar winner Sissy Spacek to tout he and Governor Bob McDonnell‘s plan to expand investment in film production. Spacek did not talk long, but when she did, the actress said that Virginia is missing out on many opportunities to bring business to the Commonwealth because they are not offering enough to filmmakers to bring their projects here.

According to Bolling, past film projects, such as the “John Adams” HBO documentary, brought in $14  in economic development, for every $1 the state invested. His rationale is that further investment would lead to an even greater return. Spacek, who Bolling described as a “native Texan who had the good sense to move to Virginia”, lives outside of Charlottesville. She said she doesn’t want Virginia to be “left behind” any longer when it comes to film production.

If you are wondering, the bill to offer the tax incentive for the film industry has already passed the Senate. The companion legislation is making its way to the floor of the House of Delegates.

In addition to the tax incentive legislation, Governor McDonnell has also proposed expanding the state’s “Film Opportunity Fund”, which would provide cash to help the Commonwealth attract projects to Virginia.

Written by Ryan Nobles

February 16, 2010 at 2:11 pm

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