The Garden State Film and Digital Media Jobs Act has passed!

Newly Reinstated NJ Film/TV Tax Credit is BACK ON!

“The Enemy Within” is the first show to film in New Jersey since the film tax credit

New Jersey’s new benefits to producers.
After seven years without tax incentives for Film and TV production, New Jersey has passed new legislation offering a tax credit of up to 35% to film and TV productions, that will be worth up to $425 million over the next five years. In addition to financial incentives for film and digital media companies, the bill also incentivizes companies to make significant efforts to hire diverse cast and crews.

With incentives comes greater freedom.
“The Enemy Within” is the first show to film in New Jersey since the film tax credit
Tom Bernard, co-president of Sony Classics and a longtime New Jersey resident, has pushed to restore the incentives, which were cut by Governor Murphy’s predecessor, Chris Christie. “New York is overflowing,” Bernard said, “And people are tired of shooting there. There are a lot of rules and restrictions that weren’t there when the incentives started.” Steven Gorelick, executive director of the New Jersey Motion Picture and Television Commission said Fox, Sony, NBCUniversal, New Line, ABC, CBS, HBO and Warner Bros. (Film and TV) have all expressed interest in shooting here.

Unique locations, deep roots and strong support.
New Jersey offers the broadest range of locations within a reasonable drive, and it’s also the birthplace of American cinema, going back to Thomas Edison and the silent film era. “We have been fighting for these credits for eight years,” said Senate Majority Leader Loretta Weinberg. “The film industry has deep roots in New Jersey. Fort Lee is where the movie industry began. These credits will ensure that New Jersey remains a player in this constantly evolving industry.” At Cobalt, we are honored to play our part in reinvigorating the production scene here at “Hollywood on the Hudson.”

Want to know more? Check out the legislation here, and the official overview here.