Historic Federal Runaway Bill Signed into Law

Ground breaking tax-incentive legislation intended to encourage production in the United States passed the House and Senate on October 11, 2004, and was signed into law by President Bush on October 22, 2004. The American Jobs Creation Act provides a tax break to qualified television and film productions with budgets between $1-15 million, with the cap increasing to $20 million for productions made in distressed areas. The tax break is triggered only when 75% of services are performed in the United States.

This bi-partisan effort was the result of years of work by the Runaway Production Alliance spearheaded by the Directors Guild of America. The combination of this federal initiative and a growing number of state incentive programs is expected to result in an increase in the number of productions shot domestically.

Runaway Production Alliance Members:

Academy of Television Arts and Sciences (ATAS)
Association of Talent Agents (ATA)
American Federation of Television and Radio Artists (AFTRA)
Association of Independent Commercial Producers (AICP)
Association of Independent Video and Filmmakers (AIVF)
The Caucus for Television Producers, Writers and Directors
Directors Guild of America (DGA)
Film U.S.
Film Musicians Secondary Markets Fund (formerly the Theatrical and Television Motion Picture Special Payments Fund)
Hollywood Post Alliance (HPA)
Independent Film and Television Alliance (IFTA), (formerly the American Film Marketing Association)
International Alliance of Theatrical Stage Employees (IATSE)
International Brotherhood of Teamsters
Motion Picture Association of America (MPAA)
Producers Guild of America (PGA)
Production Equipment Rental Association (PERA)
Recording Musicians Association (RMA)
Screen Actors Guild (SAG)
Writers Guild of America, west

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