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September 8, 2010 by · Leave a Comment 

Suggesting that the movie and TV industries are not as immune to the recession as some financial commentators have suggested they are, FilmLA, the one-stop clearinghouse for on-location film permits in Los Angeles, said Tueday that on-location feature-film shooting during the past ten weeks fell 9 percent below the same period a year ago. The slowdown was attributed primarily to the drying up of tax credits allocated by the California Film Commission. In all, 30 “projects” were awarded $100 million in credits this year, well below the 77 that received credits last year, the Los Angeles Times reported today (Wednesday).
The CFC has written to us to clarify: “The 77 projects that received tax credit allocations were for two tax years at $100 million per year because the statute permitted the CFC to do two tax allocation years (2011 & 2012) in the first available year (2009) of the program. For the tax year 2013, only 30 projects have been awarded tax allocations because these 30 exhausted the available $100 million in allowable credits for 2013.”