{"id":6547,"date":"2017-06-13T05:13:31","date_gmt":"2017-06-13T05:13:31","guid":{"rendered":"http:\/\/skylight.gr\/administrator_wordpress\/index.php\/2017\/06\/13\/governor-nathan-deal-signs-georgia-music-investment-act-hb-155\/"},"modified":"2017-06-13T05:13:31","modified_gmt":"2017-06-13T05:13:31","slug":"governor-nathan-deal-signs-georgia-music-investment-act-hb-155","status":"publish","type":"post","link":"https:\/\/skylight.gr\/index.php\/2017\/06\/13\/governor-nathan-deal-signs-georgia-music-investment-act-hb-155\/","title":{"rendered":"Governor Nathan Deal Signs Georgia Music Investment Act, Hb-155"},"content":{"rendered":"<p><span class=\"normal\"><img decoding=\"async\" src=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/thumb\/d\/d1\/Georgia_in_United_States.svg\/270px-Georgia_in_United_States.svg.png\" border=\"0\" \/><br \/>Georgia Music Partners (GMP) and more than 200  music-related businesses applaud the passage of the Georgia Music  Investment Act (House Bill 155), signed into law by Georgia Governor  Nathan Deal. &#8220;We have started another phase in the progression of the  State of Georgia as a hub for the production of entertainment&#8221;, said  Governor Deal. &#8220;I am pleased with the resulting legislation and look  forward to a bright future for our music industry.&#8221; <\/span><\/p>\n<p>  <!--more-->  <\/p>\n<p>The bill passed the Georgia House of Representatives 157-11 and the  Georgia Senate 46-7, thanks especially to the leadership of  Representative Amy Carter (R. Valdosta, GA) and Senator Jeff Mullis (R &#8211;  Chickamauga). HB-155 is expected to create thousands of new job  opportunities for Georgia&#8217;s diverse music industry &#8211; currently $3.7  Billion economic impact &#8211; just as other tax incentives have expanded  Georgia&#8217;s film, TV and video game industry to more than $7 billion.<\/p>\n<p> &#8220;We applaud Governor Deal and the Georgia legislature for recognizing  the economic and cultural significance of music production,&#8221; said  Recording Industry Association of America SVP of State Public Policy and  Industry Relations Rafael Fernandez, Jr. &#8220;The Georgia Music Investment  Act will serve to attract businesses and music creators, securing  Georgia&#8217;s place as a leading music state.&#8221;<\/p>\n<p> &#8220;This is a great day not only for Georgia and Georgia music, but for  musicians and artists all over the world,&#8221; said musician Chuck Leavell.  &#8220;I have no doubt that this bill will result in a tremendous influx of  activity in music in our state, and all of Georgia will benefit. Thanks  to Governor Deal, Senator Jeff Mullis, Representative Amy Carter and all  the legislators for supporting this important bill!&#8221;<\/p>\n<p> The Georgia Music Investment Act (HB-155) is a 15-20% incentive that  will incentivize recording and scoring projects as well as live tours  from around the country and the world to rehearse and start in the  state. To qualify, a production company must meet a minimum threshold of  $500,000 for live performance rehearsals, $250,000 for stand-alone  scoring projects (aggregate in a year) and $100,000 (aggregate in a  year) for recorded music performances. If the production takes place in  lesser-developed Tier 1 and Tier 2 counties, it can qualify for the  additional 5% credit.<\/p>\n<p> Georgia Music Partners President Tammy Hurt added, &#8220;Now the work of  capitalizing on opportunities can begin as we look forward to working  with the talented Georgia music businesses to attract new opportunities  to Georgia.&#8221;<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Credit: Public domain<\/p>\n<p><span class=\"normal\">Source: <\/span><span class=\"normal\">Georgia Music Partners<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Georgia Music Partners (GMP) and more than 200 music-related businesses applaud the passage of the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[23],"tags":[],"class_list":["post-6547","post","type-post","status-publish","format-standard","hentry","category-music-news"],"_links":{"self":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/6547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/comments?post=6547"}],"version-history":[{"count":0,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/posts\/6547\/revisions"}],"wp:attachment":[{"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/media?parent=6547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/categories?post=6547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/skylight.gr\/index.php\/wp-json\/wp\/v2\/tags?post=6547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}